PVR Inox opens ₹300 crore buyback for 20.6 lakh shares at ₹1,450

PVR Inox Limited has opened its ₹300 crore share buyback offer to shareholders. The company issued the Letter of Offer and Tender Form on September 7, 2026, marking the start of the acceptance period.

The buyback allows eligible shareholders to tender up to 20,68,965 equity shares at a price of ₹1,450 per share. This represents 2.11% of the company’s fully paid-up equity share capital. The offer accounts for 4.07% of consolidated free reserves and 4.09% of standalone free reserves as per audited financial statements for the year ended March 31, 2026.

Key Buyback Details

Metric	Detail
Buyback Size	₹300 crore
Number of Shares	Up to 20,68,965
Price Per Share	₹1,450
Percentage of Paid-Up Capital	2.11%
Percentage of Free Reserves	4.07% (consolidated), 4.09% (standalone)
Route	Tender offer via stock exchange mechanism

The Board may increase the buyback price and decrease the number of shares one working day prior to the record date, ensuring no change in the total buyback size, in terms of Regulation 5(via) of the SEBI Buyback Regulations. Since the buyback is less than 10% of paid-up capital and free reserves, shareholder approval is not required.

Timeline and Entitlement

The tender offer is open from Thursday, September 10, 2026, and closes on Thursday, September 17, 2026. The last date and time for receipt of completed tender forms and other specified documents by the Registrar to the Buyback is 5:00 pm (IST) on September 17, 2026.

Shareholders are allocated entitlements based on two categories:

Reserved category for Small Shareholders: 9 Equity Shares for every 157 Equity Shares held on the Record Date (actual entitlement ratio: 5.7330888703%).
General category for all other Shareholders: 21 Equity Shares for every 1,108 Equity Shares held on the Record Date (actual entitlement ratio: 1.895335370%).

Eligible shareholders can check their specific entitlement on the Registrar’s website using their folio number or DP ID.

Promoter Participation and Committee

Promoters and members of the promoter group have expressed their intention to participate in the buyback. They intend to tender up to an aggregate of 5,69,584 equity shares. GFL Limited, the largest promoter entity, intends to tender 3,33,646 shares. Ajay Kumar Bijli and Sanjeev Kumar plan to tender 1,14,767 and 86,593 shares respectively.

A dedicated "Buyback Committee" has been constituted with delegated powers to manage the process. Murlee Manohar Jain, SVP – Company Secretary & Compliance Officer, serves as the compliance officer. DAM Capital Advisors Limited has been appointed as the Manager to the Buyback, and KFin Technologies Limited acts as the Registrar to the Buyback.

Corrigendum Details

On September 4, 2026, the company issued a corrigendum to its original public announcement dated September 1, 2026. The update clarifies details regarding director share transactions and corrects the company’s official website address from www.pvrintox.com to www.pvrcinemas.com .

The corrigendum modifies paragraph 6.4(ii) of the original public announcement to disclose aggregate shares purchased or sold by directors of companies within the Promoter and Promoter Group. The disclosed transactions include pledge creations and sales.

Date of Transaction	Aggregate No. of Shares	Face Value (₹)	Nature of Transaction	Average Price (₹)	Maximum Price (₹)	Minimum Price (₹)	Consideration (₹)
August 18, 2026	11,750	10	Pledge Creation	NA	NA	NA	NA
March 14, 2026	5,000	10	Pledge Creation	NA	NA	NA	NA
March 20, 2026	1,000	10	Sell	1,021	1,023	1,020	10,21,000

Record Date and Shareholding Pattern

The company fixed Friday, September 4, 2026, as the record date for determining eligibility. The pre-buyback shareholding pattern as on August 28, 2026, is detailed below:

Category of Shareholder	Number of Shareholders	Number of Equity Shares	% to Existing Equity Share Capital
Promoters & Promoter Group	10	2,70,34,066	27.53%
Foreign Investors	5,933	1,94,63,666	19.82%
Financial Institutions / Banks & Mutual Funds	61	3,44,04,114	35.03%
Others (Public, etc.)	2,21,203	1,72,98,116	17.62%
Total	2,27,207	9,81,99,962	100.00%

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for designated persons and their immediate relatives was closed from August 25, 2026, to September 2, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE191H01014/631fdfff-0f38-479e-86bc-79a2b7ee9e25.pdf

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.75%	+1.89%	+6.87%	+28.82%	+12.66%	-11.12%

PVR Inox announced the opening of three new auditoriums at its Soul Space Spirit cinema in Bengaluru on September 8, 2026. The expansion includes one 4DX screen and two mainstream screens.

The addition brings the total screen count at the Bellandur location to seven. The new auditoriums feature a dedicated entrance on the fifth floor, while existing operations continue on the fourth floor.

Expansion Details

The expanded cinema offers a total seating capacity of 1,143. Guests can access superior laser projection, Dolby Atmos Surround Sound, and Next Gen 3D technology across all screens.

This development marks Bengaluru's eighth 4DX experience operated by the company. The motion-enabled seating and multisensory effects are designed to enhance audience immersion.

Network Scale

With this launch, PVR Inox operates 1,789 screens across 356 properties in 114 cities in India and Sri Lanka. The company maintains its position as the largest multiplex network in the region.

Ajay Bijli, Managing Director, stated that Bengaluru is a dynamic market shaped by discerning audiences. He noted the expansion deepens the relationship with the local community.

Sanjeev Kumar Bijli, Executive Director, added that the project provides greater choice and an elevated cinema experience. He highlighted the combination of enhanced technology and contemporary design.