PVR Cinemas promoters has pledged 32.93 lakh shares or 11.41% in the film exhibitor to L&T Finance, a subsidiary of Larsen and Toubro Finance Holdings on November 27, 2012. L&T Finance was incorporated as a Non-Banking Finance Company in November 1994.
PVR is engaged in the business of film exhibition. The company operates other business such as providing content, film distribution and Entertainment Park through its subsidiaries. Currently, the company has achieved the status of being India’s largest cinema chain.
