Vision Cinemas provides operations update

Plans to shift Bangalore cinema exhibition operations to new premises

Vision Cinemas announced that the Bangalore multiplex cinema operations of the Company was being conducted from a leased premises. Upon expiry of the lease period, the Company was negotiating for an extension of the lease with the land owners. Ultimately, the owners decided to sell the land to private real estate developers and declined to renew the lease.

The Company is now in the process of shifting its Bangalore cinema exhibition operations to a new premises and operations in the new premises is expected to commence shortly.

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