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PVR to seek approval of shareholders, creditors for merger with INOX

10 Sep 2022 Evaluate
PVR has planned a meeting of its shareholders and creditors on October 11 to seek their approval for the scheme of merger with rival Inox Leisure. This comes after the Mumbai bench of the National Company Law Tribunal (NCLT) on August 22 directed PVR to call a meeting.

PVR is the largest and most premium film exhibition company in India. Since its inception in 1997, the brand has redefined the way entertainment is consumed in the country.

Peers
Company Name CMP
PVR Inox 1488.30
Saregama India 535.75
Shemaroo Entertain. 98.00
UFO Moviez India 61.82
Tips Music 790.60
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