PVR announces 4 screen multiplex at Anand in Gujarat

ANAND | NEW DELHI | MUMBAI | RAJKOT – New Delhi headquartered theatrical exhibition company owned by Bijli brothers –  PVR Ltd today in an bourse update filing said of having opened 4 screen multiplex at Anand in Gujarat.

“We are pleased to inform you the opening of 4 screens multiplex at Maruti Solaris Mall in Anand, Gujarat on 18th November, 2018. This multiplex is equipped with 2K BARCO projection system, next-generation 3D-enabled screens and 7.1 Digital Dolby surround sound in all auditoriums,” the filing said.

With this launch, PVR now operates the largest multiplex network with 734 screens at 158 properties in 63 cities.

The company submitted the update to the Indian Bourses, prior to opening session of trading hours on the Indian Exchanges. Initially the share prices of the company spiked and touched negative counters, but the investors & traders slowly and gradually reacted positively towards the business update shared by the company.

The company shares were seen trading in GREEN Zone, finally ending on psoitive counters, as the trading session on the Indian bourses ended on Monday.