INOX Leisure has acquired remaining stake in its subsidiary company – Shouri Properties (SPPL) from the shareholders of SPPL, making it a wholly owned subsidiary of the Company.
SPPL is a subsidiary of the Company in which the Company was holding 99.29% stake prior to this acquisition. Subsequent to acquisition of the shares of SPPL by the Company, SPPL will become wholly owned subsidiary of the Company. Remaining stake i.e. 10,000 equity shares of SPPL are acquired at a cost of Rs 1 lakh at face value.
INOX Leisure is amongst India’s largest multiplex chains.
| Company Name | CMP |
|---|---|
| PVR | 1005.05 |
| Saregama India | 348.05 |
| Shemaroo Entertain. | 103.06 |
| Balaji Telefilms | 100.18 |
| UFO Moviez | 72.49 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: