Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Stock Report

| More

PVR announces reopening in Maharashtra with the launch of PVR Maison

Posted On: 2021-10-21 16:38:49 (Time Zone: IST)

PVR Ltd, the largest and the most premium film exhibition company in India through its luxury arm, The Luxury Collection, has announced the launch of a unique luxury boutique property, PVR Maison at Jio World Drive, Bandra Kurla Complex, Mumbai, a prominent commercial hub in India. The 6-screen multiplex would be opened in strict compliance to the SOPs issued by the Maharashtra Government with PVR's 100% vaccinated staff and aligned with its 100% safe cinema standards under the PVR Care program.

Maharashtra holds the key for the revival of the multiplex industry. Opening of Maharashtra is hugely important for PVR's business as its screen presence in the state is the highest in its circuit and serves as a focal center for the entertainment industry. PVR had already reopened its cinemas on 30th July 2021 post the second wave in the permitted states and UT's with restrictions in seating capacity and operating hours. The brand is ready to welcome its patrons in Maharashtra with fresh content and a clear horizon of a vibrant content pipeline by the recent announcements by producers and studios will surely help to stabilize PVR's film exhibition business.

Inspired by the popular French Grand Maison, the new property with majestic entrance foyers, luxurious lounges, libraries with art and curiosities, grand living rooms, sophisticated open kitchens with premium food concepts and private screening options provide an engaging and elegant experience. An artistic masterpiece, PVR Maison has an exclusive colour theme in 3 auditoriums and strengthens brand's portfolio of premium formats with 2 new LUXE screens and 1 viewing room for bespoke private screenings.

Spread across 6 screens, with a seating capacity of 882 audiences, each auditorium offers a unique and differentiated experience and sheer love for good cinema. Equipped with the most advanced 4K RGB Laser Projection System with Atmos Surround Sound System and State of the art high resolution screens, the cinemas truly represent the best in class handcrafted offering, yet to be experienced across the world.

With the opening of the property, the total screen count of PVR Cinemas stands at 157 screens across 38 properties in the state of Maharashtra.

On the launch announcement, Mr. Ajay Bijli, Chairman and Managing Director, PVR Ltd, said, "Innovation and improvisation is in the DNA of our business which has echoed through our every offering. It is a proud moment for us to finally introduce our unique concept to the audience after the unprecedented times we battled through. PVR Maison is inspired by the French archetype and was born out of the quest to explore deeper and newer facets of luxury. It had a global creative team working on its each aspect intricately to bring the best for our India patrons.

He further added "The effects of the pandemic will linger but we are hopeful that 2021 will bring back the theatre-going audience and with the change in the scenario, we can assure PVR Maison will be a delightful experience for the patrons. We are happy to welcome back our patrons in the key market of Mumbai, being the hub of the Hindi film industry and the state of Maharashtra".

With this opening, PVR strengthens its growth momentum in FY 2021-2022 with 855 screens at 178 properties in 72 cities (India and Sri Lanka).

Shares of PVR Limited was last trading in BSE at Rs. 1672.30 as compared to the previous close of Rs. 1690.40. The total number of shares traded during the day was 95735 in over 7273 trades.

The stock hit an intraday high of Rs. 1714.50 and intraday low of 1658.85. The net turnover during the day was Rs. 161122724.00.

Click here to send ur comments or to

Other Headlines:

Sh. Amitabh Kant, CEO, NITI Aayog launches Genesys International's digital twin platform

NDTV Convergence's Exclusive 10-Year, 750-Crore Deal with Taboola

Aegis Logistics Limited to transfer liquid storage units at Haldia Dock Complex

Hero MotoCorp announces sales volume for November 2021

Capital Trust Limited announces Expansion in Branch Network

RITES Ltd updates on orders received from Railways

NXTDIGITAL Limited's rights issue subscribed by 1.94 times, receives Rs. 560.13 crores

S Chand launches 'Learnflix Bangla' focused on West Bengal Market

Satin Creditcare Network Ltd board to consider fund raising on Dec 6, 2021

Axita Cotton Ltd receives new order from Bangladesh

The Dharamsi Morarji Chemical Company Limited lists on NSE

Marathon Nextgen Realty Ltd approves debt issue for Rs. 450 crore

Perfect-Octave Media Projects Ltd receives renewal permission for Insync

The Federal Bank Limited's credit ratings reaffirmed

Globus Spirits Ltd gets order to supply 9.68 crores litres of Ethanol to OMCs

Raymond Ltd announces OFS of JK Files & Engineering Ltd

TT Ltd board declares interim dividend of Rs. 1

Infosys and Proximus Extend Collaboration on IT Application Transformation and Development

LOGOS and Mahindra Logistics developing 1.4million sf of Multi-Client BTS Warehouses in Delhi-NCR

Khaitan Chemicals and Fertilizers Ltd wins award

IndiGrid wins its first greenfield transmission project

eSense learning Pvt Ltd to invest in SFA Sporting Services Pvt Ltd

Coastal Corporation Ltd arm conducts groundbreaking ceremony for ethanol project

Shri Rakesh Kumar Jain joins as Director (Finance), GAIL

Parag Milk Foods Limited updates on IT search

HFCL expands global business, appoints two industry leaders to further strengthen worldwide presence

JMC Projects India Ltd secures new orders of Rs. 1,795 Crores

S Chand to acquire minority stake in AI/Data Sciences focussed Ed Tech Startup - iNeuron Intelligence

Mahindra's Farm Equipment Sector Sells 26094 Units in India during November 2021

Cigniti Technologies supports Belagavi Institute of Medical Sciences (BIMS) Karnataka with medical equipment

Escorts Construction Equipment sold 312 machines in November 2021

Decipher Labs Ltd opens branch office in Indore

Hatsun Agro Product Ltd inaugurates Ice Cream Plant at Govindapur, Telangana

Maruti Suzuki posts sales of 139184 units in November 2021

India's largest Solar and Battery Storage Project awarded to Tata Power Solar of INR 945 crore

Ridhi Synthetics Ltd board fixes Dec 10, 2021 as record date for rights issue

Mindtree has Earned the AI and Machine Learning on Microsoft Azure Advanced Specialization

WardWizard sells more than 3,290 units of electric two-wheelers in November 2021

Biocon Enters Prestigious Dow Jones Sustainability Emerging Markets Index

Sapphire Foods opens 500th store and expects to double store base in next 3-4 years

Infosys InStep Ranked as the 'Best Internship Program' for Four Consecutive Years

Inauguration of GRSE KPDD Unit, Kolkata

Ashoka Metcast Limited allots 30,12,000 convertible Warrants

Mahindra Auto sells 40102 vehicles in November 2021, Utility Vehicles register a growth of 8%

s.Oliver Group enters into a strategic partnership with Techno Design GmbH for an exclusive sourcing from India and Sri Lanka

Shreeji Translogistics Ltd announces H1FY22 results

Havells India's consistent performance establishing it as an ESG sector leader in India

EVEY receives LOA for 100 Electric Buses

TVS Motor Company registers sales of 272,693 units in November 2021

Moneyboxx Finance Limited board approves preferential issue at Rs. 95 per share

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020