PVR-INOX merger gets clearance from BSE and NSE

Multiplex operators PVR and INOX Leisure NSE 0.45 % on Tuesday said that they have received clearances for their merger from bourses NSE and BSE. “The company has received observation letter with ‘no adverse observations’ dated June 20, 2022 from BSE Ltd NSE -3.70 % and observation letter with ‘no objection’ dated June 21, 2022 from National Stock Exchange of India Ltd respectively in relation to the scheme of amalgamation,” said PVR in a regulatory filing.

This was also confirmed by INOX through an identical regulatory filing.