PVR INOX Opens New 8-Screen Cinema in Hyderabad, Expanding Network to 1,791 Screens
PVR INOX has opened a new 8-screen cinema in Hyderabad, adding to its network of 1,791 screens nationwide. The cinema features advanced projection and sound technology. This expansion increases PVR INOX's total screens in Hyderabad to 119 and strengthens its presence in South India.
The opening of a new cinema is a positive step for the company's growth and market presence, but it is a single new property and does not represent a significant change in the company's overall financial standing or strategy.
The announcement details the opening of a new cinema, which is a positive business development and expansion for the company.
PVR INOX Limited has announced the opening of a new 8-screen cinema at Odeon Mall, located on RTC X Road, Chikkadpally, Hyderabad. This launch marks the company's 19th cinema in the city, increasing its total screen count in Hyderabad to 119 and its overall network to 1,791 screens across 358 properties in 112 cities in India and Sri Lanka.
The new cinema features eight auditoriums with a seating capacity of 1,402 seats. It is equipped with advanced projection technology, including two 4K projectors and a laser phosphor projector, along with Dolby Atmos & DTS:X sound and Next-Gen 3D technology for an immersive viewing experience. Premium seating options and a diverse food and beverage selection are also available.
Mr. Ajay Bijli, Managing Director, PVR INOX Limited, stated that Hyderabad is a passionate cinema market and the new cinema celebrates the spirit of moviegoing. Mr. Sanjeev Kumar Bijli, Executive Director, highlighted the curated design, ambience, and technology aimed at genuine cinema lovers.
This expansion strengthens PVR INOX's presence in South India, bringing its screen count to 599 across 28 cities.
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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.