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After the on-and-off negotiations for years, the cinema chain was finally acquired by PVR Cinemas in August 2018. [12] In August 2019, the National Company Law Tribunal (NCLT) New Delhi-branch approved the amalgamation of SPI Cinemas into PVR Cinemas with effect from the appointed date of 17 August 2018, PVR said in the exchange filing.
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PVR INOX Limited is an Indian multiplex chain. It was formed in 2023 as a result of the merger between PVR Cinemas and INOX Leisure Limited. [3] [4] PVR pioneered the multiplex revolution in India by establishing the first multiplex cinema in 1997 at Vasant Vihar, New Delhi.
PVR INOX Pictures Limited is the film distribution arm of PVR INOX, which also owns PVR Cinemas and INOX Leisure, two of the largest multiplex companies in India. It was earlier named PVR Pictures but post the merger with INOX Leisure, it was rebranded as PVR INOX Pictures in 2023.
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