INOX Leisure has clarified that it has not executed any agreement for the acquisition of shares of Cinemax India. Further, the company is not in any active discussions with the promoters of Cinemax India for such acquisition as at present.
Earlier, a news item appeared in a leading financial daily newspaper, titled ‘Inox Leisure, PVR and Cinepolis India’s interest in Cinemax fuelled the activity in the counter’.
INOX Leisure is one of the fastest growing multiplex chains in the country, building and managing multiplex cinemas throughout India.
