PVR INOX opens 28th Bengaluru cinema with 949 seats

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • PVR INOX opened its 28th Bengaluru cinema at Brigade Cornerstone Utopia on August 28, 2026
  • The six-screen property has a seating capacity of 949 and features all-laser projection
  • Total network expands to 1,786 screens across 356 properties in 113 cities
  • New amenities include DTSX immersive sound auditoriums and a Cinema Food Court concept
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PVR INOX has opened its 28th cinema in Bengaluru, a six-screen property with 949 seats at Brigade Cornerstone Utopia. The launch brings the company's total network to 1,786 screens across 356 properties in 113 cities in India and Sri Lanka.

New cinema addition at a glance

The new multiplex is located at Brigade Cornerstone Utopia on Varthur Road, near Whitefield. It serves as an entertainment anchor for the surrounding residential and lifestyle community within Arcadia at Brigade Cornerstone Utopia.

Parameter Details
Location Brigade Cornerstone Utopia, Whitefield, Bengaluru
Screens added 6
Seating capacity 949
Total network screens 1,786
Total properties 356

The cinema features all-laser projection, Dolby 7.1 surround sound and Next-Gen 3D. Two auditoriums are equipped with DTSX immersive sound. Premium seating options include Celebrity Recliners and Lounger Seats.

Experience and amenities

The property introduces PVR INOX's new Cinema Food Court concept, designed to integrate food, beverage and hospitality into the moviegoing experience. Contemporary interiors and a hospitality-led design approach aim to create a polished environment for audiences.

Ajay Bijli, Managing Director, said Bengaluru remains an important market for the company. He noted that the Whitefield region reflects the new energy of the city, with residential communities, workplaces and retail coming together. The 28th cinema strengthens the company's presence in this growth corridor.

Sanjeev Kumar Bijli, Executive Director, added that the property is designed to be a destination where people create shared memories. He highlighted the mix of advanced technology, premium seating and the new food court concept as key elements of the experience.

The cinema opened with Toxic: A Fairy Tale for Grown-Ups, starring Yash.

Historical Stock Returns for PVR Inox

1 Day5 Days1 Month6 Months1 Year5 Years
+1.44%+8.85%+8.41%+30.24%+11.05%-9.58%

How will the introduction of the 'Cinema Food Court' concept impact PVR INOX's average revenue per user (ARPU) and overall concession margins?

Given the focus on premium seating and immersive audio-visual technology, what is the projected occupancy rate for these high-ticket auditoriums compared to standard halls in the Whitefield region?

With Bengaluru now hosting 28 screens, how does PVR INOX plan to balance market saturation with continued expansion in other tier-1 cities like Mumbai or Delhi-NCR?

PVR Inox sets Sep 11 AGM; approves ₹18 lakh pay for three independent directors

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Reviewed by
Jubin VScanX News Team
Key Highlights

PVR Inox Limited is holding its 31st AGM on September 11, 2026, via VC/OAVM. Remote e-voting runs from September 7 to September 10, 2026. The agenda includes adopting FY26 financials, reappointing two directors, and approving ₹18 lakh remuneration for three independent directors.

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*this image is generated using AI for illustrative purposes only.

PVR Inox Limited has scheduled its 31st Annual General Meeting (AGM) for Friday, September 11, 2026, at 11:00 am. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (VC/OAVM) in accordance with the Companies Act, 2013 and relevant SEBI Listing Regulations.

Meeting Logistics

The company informed the National Stock Exchange of India Limited and BSE Limited that the notice of the AGM and the Annual Report for FY26 would be sent electronically to members whose email addresses are registered as on August 14, 2026. Physical copies of the documents have been dispensed with, though they remain available upon request via email to the company secretary or the Registrar and Transfer Agent.

Shareholders holding shares as on the cut-off date of September 4, 2026, are eligible to exercise their voting rights. The company has engaged NSDL e-Governance Infrastructure Limited to provide remote e-voting facilities. Members can also attend the meeting live or view the webcast at the designated NSDL portal.

For shareholders without registered email IDs, the company has issued a separate intimation under Regulation 36(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This communication provides the web-link and QR code to access the complete Annual Report for Financial Year 2025-26 on the company’s website and stock exchange portals.

Voting Procedures

Voting will be conducted exclusively by electronic means. Key procedural details include:

  • Remote e-voting is available for members holding shares on the record date.
  • Members who have not cast their vote remotely may do so during the AGM via the e-voting system.
  • Participation in the AGM is restricted to VC/OAVM; physical presence is not permitted.
  • Members attending via VC/OAVM will be counted toward the quorum under Section 103 of the Companies Act, 2013.

The specific timeline for remote e-voting is as follows:

Event Date and Time
Commencement of remote e-voting Monday, September 7, 2026 at 9:00 am
End of remote e-voting Thursday, September 10, 2026 at 5:00 pm

The notice of the AGM and the annual report are accessible on the company website, stock exchange portals, and the NSDL e-voting platform. Shareholders without registered email addresses have been instructed to update their details with the company or their Depository Participant to receive access links and QR codes.

AGM Agenda Items

The AGM will transact both ordinary and special businesses. The ordinary business includes the adoption of audited standalone and consolidated financial statements for FY26. Additionally, the meeting will consider the reappointment of two directors retiring by rotation:

  • Ms. Renuka Ramnath (DIN: 00147182)
  • Mr. Ajay Kumar Bijli (DIN: 00531142)

Under special business, shareholders will approve the remuneration for three independent directors for FY26. Each director is set to receive ₹18,00,000.

Director Name DIN Remuneration (FY26)
Vishesh Chander Chandiok 00016112 ₹18,00,000
Dinesh Kanabar 00003252 ₹18,00,000
Shishir Baijal 00089265 ₹18,00,000

The resolutions require ordinary majority approval pursuant to Sections 149, 197, and 198 of the Companies Act, 2013.

Historical Stock Returns for PVR Inox

1 Day5 Days1 Month6 Months1 Year5 Years
+1.44%+8.85%+8.41%+30.24%+11.05%-9.58%

How might the reappointment of directors Renuka Ramnath and Ajay Kumar Bijli influence PVR Inox's strategic recovery plan post-insolvency resolution?

What does the fixed remuneration of ₹18 lakh for independent directors signal about the board's governance priorities and cost-control measures for FY26?

Will the adoption of FY26 financial statements reveal significant improvements in box office revenue or debt restructuring milestones compared to previous years?

More News on PVR Inox

1 Year Returns:+11.05%