Inox Leisure, PVR merger deal receives BSE, NSE nod

Inox Leisure, PVR merger deal receives BSE, NSE nod

by admin- Wednesday, June 22nd, 2022 03:51:03 PM

Multiplex most important Inox Leisure received approval from the BSE and the NSE for the proposed scheme of amalgamation of leading film exhibition gamers PVR Ltd with the enterprise.

Receipt of Observation Letter with “no adverse observations” from BSE Ltd and “no objection” from the National Stock Exchange of India Ltd for Scheme of
Amalgamation of INOX Leisure (Transferor Company) with PVR (Transferee Company) underneath Section 230 – 232 and different relevant provisions of the Companies Act, 2013 (“Act”) (“Scheme of Amalgamation”).

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