Under scheme of amalgamation with Cinemax India
The restructuring committee of PVR in the meeting held on 14 March 2014 approved the allotment of 10,90,283 equity shares to the public shareholders of Cinemax India as on the record date i.e. 10 March 2014. The above resolution is in accordance with the swap ratio as provided in the scheme of amalgamation and approved by the Hon'ble Delhi High Court on 12 February 2014 i.e. allotment of 4 equity shares of face value of Rs 10 each fully paid-up of PVR against 7 equity shares of face value of Rs 5 each fully paid-up in Cinemax India.Powered by Capital Market - Live News
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