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Cineline India acquires 27 additional screens on lease basis

09 Feb 2022 Evaluate

Cineline India has acquired 27 additional screens on a lease basis of which 9 are in Uttar Pradesh, 6 in Rajasthan, 5 in Noida, 5 in Gujarat and 2 in Maharashtra. These theatres will have an aggregate seating capacity of more than 5,500 seats. The company will continue to grow its Film exhibition business aggressively in due course of time by acquiring theatre properties PAN India. With this, the company has tied up with 75 screens and over 16,500 seats in total.

Cineline India is one of the most renowned real estate players in MMRDA region.

Peers
Company Name CMP
PVR Inox 1280.80
Saregama India 502.05
Shemaroo Entertain. 122.00
UFO Moviez India 60.87
Balaji Telefilms 94.38
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