PVR banking heavily on 'Pathaan', other Bollywood releases; says 75-80% pre-pandemic footfalls are back
75-80 per cent of our footfalls are back from the pre-pandemic level. This is definitely a content issue. We sold Avatar at an average ticket price of Rs 300 and it is one of the biggest box office successes in the country, Sanjeev Kumar Bijli, Joint Managing Director, PVR said told Business Today.
Multiple chain PVR crosses 900 screens-mark
The company added 19 screens with the launch of three new multiplexes in Bengaluru, Jaipur and Gurugram on Monday
PVR aims to operate 1,000 screens by FY24-end, invest Rs 300 cr: JMD
Multiplex operator PVR aims to operate 1,000 screens by the end of FY24, by adding 100 more screens in the next 15 months, the company's Joint Managing Director Sanjeev Kumar Bijli said. The company, which on Monday achieved the milestone of 900 screens, would invest around Rs 300 crore to add another 100 screens, Bijli said. As part of the expansion, the company is entering into newer cities, especially in the south and east parts of the country, where it has a negligible presence. PVR is looking for smaller cities, which are unserved and have "high potential", said Bijli. When asked about expansion, Bijli said, in the current quarter, PVR would add 30 screens. Moreover, some of the screens which are currently under fit-outs would also be ready for operation in the March quarter. "We are now aiming to have 1,000 screens by FY24," said Bijli, adding, "the company would invest around Rs 300 crore to open 100 screens" in the next 15 months. Besides India, PVR has a small presence i PVR LTD. - 532689 - Opening Of 3 Multiplexes In Jaipur, Bengaluru And Gurugram
We are pleased to inform you about the opening of 3 new multiplexes in Jaipur, Bengaluru and Gurugram with a total count of 19 screens. PVR announces the launch of its 8-screen multiplex, the largest in Rajasthan, 7-screen multiplex at Bhartiya Mall of Bengaluru at Bhartiya City and 4-screen multiplex in Haryana with Elan Town Centre. With this launch, PVR now operates the largest multiplex network with 903 screens at 181 properties in 78 cities (India and Sri Lanka). Copy of press release is enclosed. This is for your information and to all concerned PVR LTD. - 532689 - Opening Of 3 Multiplexes In Jaipur, Bengaluru And Gurugram
We are pleased to inform you about the opening of 3 new multiplexes in Jaipur, Bengaluru and Gurugram with a total count of 19 screens. PVR announces the launch of its 8-screen multiplex, the largest in Rajasthan, 7-screen multiplex at Bhartiya Mall of Bengaluru at Bhartiya City and 4-screen multiplex in Haryana with Elan Town Centre. With this launch, PVR now operates the largest multiplex network with 903 screens at 181 properties in 78 cities (India and Sri Lanka). Copy of press release is enclosed. This is for your information and to all concerned
It will take 2-3 more quarters for footfalls at multiplexes to return to pre-Covid level: PVR
Getting 75% footfalls back in 8-9 months after fully reopening is a good sign, says Sanjeev Kumar Bijli, Joint MD of PVR PVR LTD. - 532689 - Closure of Trading Window
Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 as amended from time to time read with Code of Conduct for Regulating, Monitoring and Reporting of Trading by Designated Persons of the Company, kindly note that Trading Window shall remain closed effective from January 1, 2023 till 48 hours (both days inclusive) after the financial results of the Company for the 3rd quarter ending as on 31st December, 2022 are declared by the Board of Directors of the Company
PVR-INOX merger should get done by Feb next year: Director Siddharth Jain
'We would love to have more players entering the market because that is how the business will grow' 2022 was the year of the South: Ajay Bijli
The PVR Chairman on how the year fared for the cinema industry and what lies ahead for the multiplex brand post its merger with INOX. PVR LTD. - 532689 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, As Amended, ('Listing Regulations')
PVR Limited has informed the Exchange about the entering into shareholders agreement and amendment of Merger Co-operation Agreement.