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PVR acquires controlling stake in Cinemax India

Multiplex chain operator PVR on Tuesday said it has completed acquisition of a controlling stake in Cinemax India for Rs 395 crore.

PVR to acquire up to 95.27% stake in Cinemax for Rs 543 cr

Multiplex chain operator Cinemax Thursday said its promoters will sell their entire stake of 69.27 percent in the company to PVR Ltd for Rs 394.98 crore.

Cinemax India shares jump over 19% on bourses

On both the BSE and the NSE, the share touched its 52-week high of Rs 119.90 and Rs 119.75, respectively.