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The current company name reflects the 2023 merger between PVR Cinemas and INOX Leisure.. In February 2024, the company launched India's first-ever standalone IMAX theatre with 4K projection with laser, EROS INOX IMAX Cinema with 305 seating capacity by refurbishing the 1200 seater, 86-year-old heritage Eros Cinema in Churchgate, Mumbai.
Its CEO is Kamal Gianchandani, [3] and its current promoters are Ajay Bijli and Sanjeev Kumar Bijli. Ajay Bijli is the Managing Director of PVR INOX Ltd while Sanjeev Kumar Bijli is the Executive Director of PVR INOX Ltd. Recently, the group had a tie-up with HP to open Asia’s first Virtual Reality (VR) Lounge at PVR ECX, Mall of India, Noida.
Bijli is the founder of PVR Cinemas and was the chairman and managing director of PVR Ltd before the merger with INOX Leisure Ltd. [5] Post merger, PVR INOX Limited recorded Q2 FY24 as the best ever quarter of all time in terms of Admissions, ATP and SPH leading to highest ever Revenue, EBITDA and PAT. [6] [7]
Two of India’s top three multiplex operators PVR and Inox Leisure are to merge creating a clear market leader in the sector. Inox shareholders will receive three new PVR shares for every ten ...
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DISTRIBUTION Indian multiplex chains PVR and Inox, which merged earlier this year, have launched a combined distribution arm PVR Inox Pictures, formerly PVR Pictures, “to increase investments in ...