PVR Inox , one of India's leading multiplex chains, has reported a significant development involving its Promoter and Managing Director, Ajay Kumar Bijli. According to a recent disclosure, Bijli has pledged 326,000 equity shares, representing 0.33% of the company's total share capital, to HSBC InvestDirect Financial Services (India) Limited.

Pledge Details

The pledge was created on September 11, 2025, for personal borrowing purposes. This transaction has increased Bijli's total encumbered shareholding to 2,544,000 shares, which now accounts for 2.59% of PVR INOX's total share capital.

Shareholding Impact

Despite this pledge, Ajay Kumar Bijli continues to hold a substantial stake in the company. His total shareholding stands at 5,447,205 shares, representing 5.55% of PVR INOX's share capital. The recent pledge affects only a portion of his overall holdings.

Regulatory Compliance

In compliance with regulatory requirements, PVR INOX has filed the necessary disclosures with the National Stock Exchange of India Limited and BSE Limited. The company adhered to Regulation 31(1) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, by promptly reporting the encumbrance.

Market Implications

While share pledges by promoters are often scrutinized by market participants, it's important to note that this pledge represents a relatively small portion of Bijli's total holdings in PVR INOX. The disclosure provides transparency to shareholders and the market regarding the promoter's financial activities.

PVR INOX Ltd. , a leading multiplex chain in India, has expanded its presence in Mumbai with the launch of a state-of-the-art 10-screen megaplex at Sky City Mall in Borivali East. This new entertainment destination showcases the company's commitment to providing premium cinema experiences and strengthening its foothold in key markets.

Megaplex Features

The newly opened megaplex boasts impressive specifications:

• Screens: 10
• Seating Capacity: 1,372
• Total Area: 43,500 sq ft

The facility includes spacious foyers and lounges, complementing its 10 uniquely designed auditoriums. Each screen is crafted to offer a distinct cinematic experience, catering to diverse audience preferences.

Investment and Development

PVR INOX has utilized its Capex model for this project, which involves:

• Direct investment by the company
• Complete control over building and design
• Full operational management of the cinema destination

While the exact investment amount remains undisclosed, this approach underscores PVR INOX's confidence in the project and its long-term vision for the Mumbai market.

Strategic Importance

Ajay Bijli, Managing Director of PVR INOX Ltd., emphasized the strategic importance of this new megaplex:

"This megaplex is a design-forward destination that seamlessly blends technology, luxury, and immersive storytelling spaces. It reinforces Mumbai's position as a cornerstone market for our company."

The launch of this megaplex in Borivali East is a testament to PVR INOX's expansion strategy and its focus on enhancing the cinema-going experience in India's financial capital.

Market Impact

This significant addition to PVR INOX's portfolio in Mumbai is likely to:

• Strengthen the company's market presence in the city
• Offer moviegoers in Borivali and surrounding areas a premium entertainment option
• Potentially impact the competitive landscape in Mumbai's cinema industry

As PVR INOX continues to invest in such high-end facilities, it reaffirms its position as a key player in India's multiplex sector, constantly innovating to meet and exceed consumer expectations in the evolving entertainment landscape.