PVR has received its board approval for amalgamation of Cinemax India a Mumbai based listed company and Cine Hospitality a wholly owned subsidiary of the company with itself. The Board also approved formation of a Committee to authorize its officials to take all necessary steps from time to time regarding the proposed amalgamation as aforesaid.
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.
