PVR INOX has incorporated Associate Company by name ‘Devyani PVR INOX’ on July 26, 2024 inter alia to undertake the business relating to development and operation of food courts situated within shopping malls in India.
Earlier, PVR INOX and Devyani International (DIL) had extended their association and entered into strategic partnership to jointly establish a company in India for the purpose of development and operation of food courts within shopping malls in India. PVR INOX and Devyani International shall hold the share capital of Devyani PVR INOX in the ratio of 49:51 respectively.
PVR INOX is the largest film exhibition company in India.