PVR Inox opens new 3-screen multiplex at DLF Summit Plaza, Gurugram

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • PVR Inox opens a new 3-screen multiplex at DLF Summit Plaza, Gurugram
  • The facility features 352 Sapphire seats and 4K laser projection technology
  • Total network now stands at 1,792 screens across 357 properties
  • Expansion reinforces presence in India's premium urban entertainment market
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*this image is generated using AI for illustrative purposes only.

PVR Inox Limited opened a new three-screen multiplex at DLF Summit Plaza in Gurugram on September 17, 2026. The launch expands the company’s footprint in one of India’s key urban markets.

The new property is located on Golf Course Road, a corridor known for premium residences and corporate offices. It joins the company’s existing network of 1,792 screens across 357 properties in 114 cities spanning India and Sri Lanka.

Facility Features

The three-screen cinema features 352 premium Sapphire seats with leatherette upholstery. Each seat offers 650 mm centre-to-centre spacing and a 1,500 mm back-to-back pitch. Technical specifications include:

  • 4K digital laser projection
  • Dolby 7.1 surround sound
  • Next-Gen 3D technology

The design incorporates monochromatic palettes, curved wall panelling, and illuminated feature panels. A double-height foyer serves as a social space with café-style seating and sculptural lighting.

Executive Commentary

Ajay Kumar Bijli, Managing Director, PVR Inox Limited, stated that the launch reflects the company’s commitment to creating elevated cinema experiences in central urban destinations. He noted that the property combines comfort, design, and hospitality.

Sanjeev Kumar, Executive Director, PVR Inox Limited, added that audiences are seeking spaces for connection and discovery. He described the multiplex as a complete leisure destination designed to be meaningful and memorable.

Network Scale

PVR Inox operates as India’s largest film exhibition company. Formed through the merger of PVR Limited and INOX Leisure Limited in 2023, the unified platform focuses on operational excellence and consumer-centric experiences. The company continues to invest in next-generation formats and immersive technologies.

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 premium pricing strategy for the new Sapphire seats impact PVR Inox's average revenue per user in the Gurugram market?

What is the projected timeline for PVR Inox to integrate AI-driven personalized booking experiences across its 1,792-screen network?

How might the expansion into high-end urban corridors like Golf Course Road influence competition with emerging home entertainment technologies?

PVR Inox discloses AGM voting results; all resolutions approved

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Reviewed by
Riya DScanX News Team
Key Highlights
  • PVR Inox released final voting results for its 31st AGM held on September 11, 2026
  • All eight resolutions were approved with over 99% support in most cases
  • Total votes polled represented approximately 70.9% of outstanding shares
  • Promoter group voted unanimously in favor of all agenda items
  • Shuva Mandal appointed as new Independent Director via special resolution
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*this image is generated using AI for illustrative purposes only.

PVR Inox Limited has released the final voting results for its 31st Annual General Meeting (AGM) held on September 11, 2026. The company confirmed that all ordinary and special resolutions were passed with the requisite majority.

The meeting was conducted via video conferencing and other audio-visual means. Remote e-voting was open from September 7 to September 10, 2026. As of the record date of September 4, 2026, there were 2,52,376 shareholders eligible to vote. A total of 159 shareholders attended the meeting through video conferencing, comprising seven from the promoter group and 152 from the public category.

Voting Participation

The total number of votes polled across all resolutions ranged between 6.96 crore and 6.97 crore, representing approximately 70.9% of the outstanding shares. The promoter group held 2.70 crore shares and voted unanimously in favor of all resolutions. Public institutional investors held 4.80 crore shares, while public non-institutional investors held 2.31 crore shares.

Resolution Outcomes

Shareholders approved eight key resolutions, including the adoption of financial statements, reappointment of directors, and approval of remuneration for independent directors. The detailed voting results are as follows:

Resolution Description Type Votes in Favor (%) Votes Against (%)
Adoption of Audited Financial Statements for FY26 Ordinary 99.9989% 0.0011%
Reappointment of Renuka Ramnath as Director Ordinary 99.0308% 0.9692%
Reappointment of Ajay Kumar Bijli as Director Ordinary 99.3074% 0.6926%
Remuneration for Vishesh Chander Chandiok Ordinary 99.9945% 0.0055%
Remuneration for Dinesh Kanabar Ordinary 99.9947% 0.0053%
Remuneration for Shishir Baijal Ordinary 99.6392% 0.3608%
Remuneration for Deepa Misra Harris Ordinary 99.6392% 0.3608%
Appointment of Shuva Mandal as Independent Director Special 99.8453% 0.1547%

Renuka Ramnath and Ajay Kumar Bijli retired by rotation and offered themselves for reappointment. Shuva Mandal was appointed as a new Independent Director through a special resolution. Devesh Kumar Vasisht of DPV & Associates LLP served as the scrutinizer for the meeting. The auditors’ reports for the financial year ended March 31, 2026, contained no qualifications or adverse remarks.

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 appointment of Shuva Mandal as an Independent Director influence PVR Inox's strategic direction in navigating its ongoing debt restructuring?

Given the unanimous promoter support, what specific operational turnaround metrics is management targeting for FY27 to rebuild investor confidence?

Will the high voting participation rate signal a shift in shareholder sentiment regarding the company's long-term viability amidst the broader cinema industry recovery?

More News on PVR Inox

1 Year Returns:+11.05%