PVR to open two more multiplex in Delhi, Punjab

Ajay-Bijlee promoted PVR Ltd on Wednesday announced opening of two multiplex's in Delhi and Ludhiana respectively, on August 10, taking the total number of silver-screens in operation to 89 across the country.

MUMBAI: Ajay-Bijlee promoted PVR Ltd on Wednesday announced opening of two multiplex's in Delhi and Ludhiana respectively, on August 10, taking the total number of silver-screens in operation to 89 across the country.

The PVR multiplex at Rohini in Delhi would have three screens with 818 seats at the Fun City Mall, while the one in Ludhiana would be at Flamez Mall with four screens and a capacity of 1,068 seats, the company said in a filing to BSE.

PVR Flamez is the first multiplex in Punjab and is eligible for exemption from payment of Entertainment Tax in accordance with the Entertainment Tax Policy of the state government.

With the opening of these multiplex the company would have presence in 14 cities across nine states in the country.

Shares of the company were trading at Rs 213, up 1.72 per cent on BSE.
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