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Which multiplex chain has been merged with PVR Ltd to form a new combined entity?
A)
CineMAX
B)
INOX Leisure
C)
Big Cinemas
D)
Carnival Cinemas

Correct Answer :   INOX Leisure


The respective Board of Directors of multiplex chains PVR Ltd and Inox Leisure (INOX) have approved an all stock amalgamation of Inox with PVR.As per the deal, the shareholders of Inox will get three shares of PVR for every 10 shares held in the company. Post merger, the combined entity will be named as PVR INOX Limited and the new cinemas opened post the merger will be branded as PVR INOX.

Published On : March 30, 2022
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