PVR-INOX To Shut 50 Cinemas Screens In The Upcoming Months; Cites Losses

Leading multiplex operator PVR INOX Ltd said on Monday that it would close some theatres due to accelerated depreciation on the theatres being considered for closure. The company said in a statement, ““The company plans to shut down approximately 50 cinema screens over the next 6 months. These properties are loss making, or housed in … Continue reading PVR-INOX To Shut 50 Cinemas Screens In The Upcoming Months; Cites Losses