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Kolkata's Iconic Metro Cinema is Back - Metro INOX Opens Today

Posted On: 2021-02-20 04:57:17 (Time Zone: Arizona, USA)


India's leading cinema chain, INOX Leisure Ltd (INOX) today announced the launch of Metro INOX at Jawahar Lal Nehru Road, Chowringhee, Kolkata. A beloved icon in the rich cinema legacy of the city of Kolkata, designed by Scottish architect Thomas Lamb, the erstwhile Metro Cinema is all set to welcome the movie lovers of Kolkata and evoke the same magic it used to from the time it was built in year 1935 by Metro-GoldwynMayer (MGM). The vastly renowned structure, redeveloped by the Metro Realty Group, in consultation with eminent heritage architect Subir Kumar Basu, will house 2 impressively designed screens with a total of 422 seats. Each of the 2 screens in the multiplex are soaked in comfort and equipped with the best-in-class cinema technologies for sound and projection.

Keeping with the rich legacy of Metro and its history with the people of Kolkata, the multiplex has been designed with a modernized feel, seamlessly merged into the carefully restored yet authentic essence of the original Metro Cinema. Metro INOX now offers the perfect mix of legacy and luxury. The cinema guests will be marvelled at the sight of the grand lobby on the ground floor. Moving from the restored beauty of the nostalgic lobby, guests will enter the ultraplush auditoriums, featuring roomier seats with enhanced legroom, as well as cutting-edge sound and projection technology, brilliant, razor-sharp visuals and the truest quality cinema surround sound of Dolby Atmos and a choice of 3D screen.

The multiplex will possess a string of customer-friendly digital features like paper-less ticketing and check-ins, touch-screen enabled interactive food-ordering. Guests would also get to experience INOX's vibrant hospitality and gourmet offerings. The lively restaurant, Café Unwind, is designed to serve its specially curated mouth-watering preparations, even to guests who are not watching a movie.

Speaking on the reopening of the iconic cinema, Alok Tandon, Chief Executive Officer - INOX Leisure Ltd said, "This is indeed a special occasion in the history of INOX as we prepare to welcome the cinema lovers of the City of Joy to their beloved cinema destination, Metro. It is a matter of pride & privilege that the iconic cinema is now rechristened as Metro INOX. Even in its fresh & new contours, we are sure that the cinema will evoke the similar magic it has been doing for more than 8 decades. We are honored to be a part of this restoration process and are committed to revive the glorious memories that the city of Kolkata has witnessed at Metro."

Vinay Khandelwal, Business Development Head, Metro Realty adds, "With the Central Flagship Store now operating successfully, we are extremely pleased to add Metro INOX to our property and truly believe that our loyal patrons will enjoy with this extraordinary development in Chowringhee, in the heart of Kolkata. The revived Metro INOX is a fine confluence of heritage, nostalgia and legacy with the contemporary vision of INOX. Metro INOX, in its new avatar, will generate the same amount of emotions and fondness among the passionate movie lovers of Kolkata. We are proud of our combined relationship with INOX and are confident that their proficient team will carry the legend of Metro forward, in its truest style. We invite the city to come and witness the glory regained."

Metro Realty's Metro Cinema located in South Mumbai is also operated by INOX Leisure Ltd since November 2017. With the launch of Metro INOX, INOX Leisure Ltd now operates 12 multiplexes with 46 screens in the city of Kolkata.

INOX is now present in 69 cities with 152 Multiplexes, 643 screens and a total seating capacity of 146,742 seats across India.

Shares of INOX LEISURE LTD. was last trading in BSE at Rs.323.7 as compared to the previous close of Rs. 322.05. The total number of shares traded during the day was 23293 in over 457 trades.

The stock hit an intraday high of Rs. 327.9 and intraday low of 321. The net turnover during the day was Rs. 7555733.


Source: Equity Bulls

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