PVR INOX Opens New 3-Screen Multiplex in Moti Nagar, Delhi, Expanding Network to 1802 Screens
PVR INOX Limited opened a new 3-screen multiplex in Moti Nagar, New Delhi. This expansion increases their network to 1,802 screens across 360 properties in India and Sri Lanka. The new cinema features advanced projection and sound systems, aiming to enhance the audience experience.
The opening of a new multiplex is a positive step for the company's growth and market presence, but it is a single new property and not a major financial event.
The opening of a new multiplex and expansion of screen count is a positive development for the company, indicating growth and increased market presence.
PVR INOX Limited has announced the opening of a new 3-screen multiplex at DLF Midtown Plaza, Moti Nagar, New Delhi. This new cinema features cutting-edge projection systems, Dolby 7.1 surround sound, and a next-generation 3D system. With this launch, PVR INOX now operates a network of 1,802 screens across 360 properties in 114 cities in India and Sri Lanka.
The multiplex houses three auditoriums with a total seating capacity of 414 seats, including premium recliner seating. The property is designed with hospitality-inspired social spaces, featuring a lounge-style environment with natural greenery and warm lighting. It includes two food and beverage counters offering a variety of refreshments and specialty snacks.
Mr. Ajay Bijli, Managing Director, PVR INOX Limited, stated that the launch reinforces their commitment to strengthening their presence in key urban micro-markets and sees cinemas playing a larger role as social and cultural anchors. Mr. Sanjeev Kumar Bijli, Executive Director, highlighted the focus on providing a holistic entertainment experience blending comfort, community, and aspiration.
This expansion brings PVR INOX's screen count to 114 screens across 28 properties in Delhi and 486 screens across 103 properties in North India.
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PVR INOX Limited filed this with the NSE as a statutory disclosure, categorised under other company updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by PVR INOX Limited. Read the original for the full detail.