NCLT approves PVR-INOX merger

New Delhi: The National Company Law Tribunal (NCLT) on Thursday approved the amalgamation of the country's top two multiplex chains -- PVR Limited and INOX Leisure.

The Mumbai bench of NCLT has cleared the scheme of amalgamation



between INOX Leisure (transferor) and PVR (transferee company), PVR said in a regulatory filing.

"NCLT, Mumbai Bench, has allowed the proposed scheme on 12th January 2023," it said.