Inox Leisure gets in-principle nod to merge Fame India, other arms with itself

Multiplex operator Inox Leisure has received in-principle approval from its board to merge Fame India and other arms with itself. The other arms comprise of Fame Motion Pictures, Big Pictures Hospitality Services and Headstrong Films.

Post merger, Fame is likely to be rebranded as INOX and the merger will create the country’s largest multiplex chain with 257 screens. At present, the Anil Ambani-led Reliance Group’s BIG Cinemas leads the pack in the country with 252 screens followed by PVR and Cinemax having 162 screens and 141 screens respectively.

INOX Leisure is one of the fastest growing multiplex chains in the country, building and managing multiplex cinemas throughout India.