Business Standard

PVR shareholders to mull Inox merger on Oct 11, creditors' meet same day

Investors' meet over videoconference comes after Mumbai NCLT's directive to PVR; both Inox Leisure and PVR had said this June that they had received clearances for their merger NSE and BSE

On Thursday, PVR Saket reopened after a plush makeover as a legacy property.
Premium

A meeting of secured creditors of the company will also be held, albeit physically at PVR's registered office in Mumbai on the same day at 3 PM, it said.

BS Reporter Mumbai
Multiplex operator PVR has called a meeting of its shareholders and creditors on October 11 to seek their approval for the scheme of merger with Inox Leisure.

This comes after the Mumbai bench of the National Company Law Tribunal (NCLT) directed PVR to call a meeting.

"We wish to inform you that pursuant to the order pronounced on August 22, 2022 and received on September 5, 2022, meetings of equity shareholders will be held through video conferencing or other audio visual means on Tuesday, October 11, 2022, at 11:30 AM," PVR said on Friday.

A meeting of secured creditors of

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 09 2022 | 2:46 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com