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Multiplex chain operator PVR Inox Ltd on Tuesday said its board of directors will meet on August 31 to consider a proposal to buy back the company's equity shares. The company has not shared any details on the number of shares or the price at which it will offer the buyback plan. "A meeting of the board of directors of the company is scheduled to be held on Monday, August 31, 2026, inter alia, to consider and approve a proposal for buyback of the equity shares of the company, having a face value of Rs 10 each, and matters incidental and ancillary thereto," PVR Inox said in a regulatory filing. The outcome of the board meeting will be communicated to the stock exchanges soon after its conclusion, the company said, in accordance with the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. PVR Inox shares touched a 52-week high of Rs 1,283 on August 25, 2026 and a low of Rs 900.05 was recorded on March 2, 2026. PVR Inox is India's largest multiplex chain, .
Leading multiplex operator PVR INOX on Monday said it has sold its premium snacking business operating under the 4700BC brand to home-grown FMCG major Marico in an all-cash deal, having a total consideration of Rs 226.8 crore. The board of PVR INOX, in a meeting on Monday, approved divesting its 93.27 per cent stake in Zea Maize Pvt Ltd (ZMPL), which owns the brand 4700BC, according to a regulatory update from the Bijli family-promoted entity. 4700BC is one of India's leading premium gourmet snacking brands, renowned for its popcorn and range of innovative snack offerings such as popped chips, makhana, crunchy corn, and nachos. "PVR INOX has monetised its entire investment in its subsidiary ZMPL to Marico Ltd in an all-cash transaction for a total consideration of Rs 226.8 crore," said a joint statement from PVR INOX and Marico. PVR INOX has entered into definitive agreements for the transfer of the said equity shares to Marico Ltd, it said. "We wish to inform you that a duly ...
Buoyed by a robust Dussehra weekend, cinema exhibitor PVR INOX Ltd is looking forward to a strong festive season, having already crossed 50 per cent occupancy. This Dussehra, which also marked Gandhi Jayanti, has already seen over 8.5 lakh admissions, with occupancy crossing 50 per cent, the company said. "This festive season, our theatres are alive with the energy of audiences across India," PVR INOX Ltd CEO - Revenue & Operations, Gautam Dutta, said in a statement. With the second quarter already showing robust growth, the company said it is "poised for an exciting season ahead", with upcoming releases looking even more promising. While both Bollywood and Hollywood movies, including 'Kantara: A Legend Chapter 1', 'Jolly LLB' and 'One Battle After Another', have been attracting patrons to the theatre, PVR INOX said regional cinema has also shone brightly. "Titles like Idli Kadai (Tamil/Telugu), Maria (Tamil), Vada Pav (Marathi), and Nikka Zaildar 4 (Punjabi) are making a strong .
Cinema exhibitor PVR INOX is looking to build on the momentum of a strong first quarter, tapping new good movie releases and consumer fatigue with OTT as it seeks to return to profitability, according to its Managing Director Ajay Bijli. Having recorded a 12 per cent year-on-year growth in people visiting the company's cinemas at 3.4 crore in the first quarter of this fiscal, despite a subdued April, the business has bounced back, Bijli told PTI. "We are obviously very happy that business has bounced back. We've always been very confident about the fact that Indian consumers will always consider going out and watching movies on the big screen as the number one form of entertainment," he noted. Watching movies on the big screen will coexist with all the other formats of consuming content, Bijli added. Asked when the company expects to be in the black, Bijli said, "Normally, I don't give any guidance...but all I can say is that the momentum is there, and all the movies that are comin
Cinema exhibitor PVR INOX is betting big on franchise owned company operated model to expand its presence beyond metros in India while also seeking to spread its affordable luxury offering, according to its CEO Pramod Arora. The company is hoping that by developing cinema exhibition infrastructure in different parts of the country it would be able to provide economic benefits to local filmmakers and artists through box office receipts and sustain content creation, Arora told PTI. Through the franchise owned company operated (FOCO) model, PVR INOX provides its expertise to oversee design, development, execution, and day-to-day operations of properties developed by investors who own the assets. PVR INOX, which opened a 5-screen multiplex in Raipur last week, is banking on the FOCO model to accelerate expansion across the country, particularly scaling up premium cinema formats in high-potential Tier II and Tier III cities. "The beginning of FOCO actually happened with Gwalior which .
Buoyed by strong consumer response to re-released films, cinema chain PVR INOX Ltd on Monday introduced a feature allowing movie lovers to create or join customised shows at their preferred cinemas. The company has introduced a platform named SCREENIT available only on PVR INOX app allowing customers to curate their movie experience. It gives audiences the opportunity to relive classics and fan favourites and enables them to choose from a diverse library of over 500 titles and create community-driven screenings, PVR INOX said in a statement. "SCREENIT empowers audiences to curate their movie experience, ?choosing what, when and where to watch, ?all while offering exciting rewards," PVR INOX Ltd CEO of Luxury Collection and Innovation, Renaud Palliere said in a statement. The company said users can explore the SCREENIT platform and browse through a wide selection of movies and pick their preferred cinema and time, and book tickets. Users can also create shows of their choice by ..
Cinema exhibitor PVR INOX Ltd on Monday announced a restructuring of its Rs 600 crore media business, naming Chief Sales Officer Shalu Sabharwal as the leader of initiatives to focus on deepening market connections and driving growth across the country. Sabharwal will take the lead in making strategic changes to bolster media business by leveraging a team of industry experts who will take charge of business development across India, PVR INOX said in a statement. "Her extensive experience and strategic vision make her the ideal leader to guide this transformation. By bringing in industry experts and focusing on key areas like data-driven decision-making and sponsorship opportunities, we are positioning PVR INOX as a dominant force in the media business," PVR INOX CEO- Revenue & Operations, Gautam Dutta said. Under the newly revamped structure, regional heads Gaurav Shukla, Sharda Ganti, Rajesh Makhija and Shalini Marianathan will spearhead efforts in their respective markets, the ..