Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

PVR Cinemas draws Rs 200 cr on expansion plan for FY22

Tuesday, 23 Feb 2021
Share this on :
PVR Cinemas has earmarked Rs 200 crore for adding new screens in FY22, as the company wants to expand into new cities where it does not have a presence.

The company also has 25 new screens ready to roll out by end of March 2021, awaiting government clearances.

These include one property at BKC in the western suburbs of Mumbai (one drive-in theatre and a six-screen multiplex), three in Delhi NCR, and one property each in Kanpur, Mysore, Hyderabad and Bengaluru.

The company will start on around 100 screens across the country, including in cities like Trivandrum, Jaipur, Dhanbad, Bhubaneswar, Patna, Nizamabad, Patiala, Ajmer, Jamnagar and Rourkela.

PVR had raised Rs 1,100 crore in two tranches during FY21. It first did a rights issue of Rs 300 crore in July 2020, followed by a QIP of Rs 800 crore in February 2021. The company also raised some debt and implemented cost cutting measures during the COVID-19 induced lockdown.

The cinema chain also closed 14 screens across three properties in Mumbai and Pune during FY21.

 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your trial access

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services