PVR INOX Limited
ICICI Prudential Mutual Fund sold 23,53,378 shares of PVR INOX for ₹308.32 Cr at ₹1310.10 apiece, decreasing its stake from 7.11% to 4.71% in an open market transaction. This transaction caused their shareholding to fall below the 5% disclosure threshold.
India's largest cinema exhibition operator, PVR Inox operates multiplex theaters across the country, delivering premium entertainment experiences to moviegoers. The company pioneered the multiplex revolution in India and continues to lead the market through continuous innovation in cinema technology, digital projection, and customer service. Its vertically integrated business model combines film exhibition with content distribution, maintaining operational excellence while making big-screen entertainment accessible to diverse audiences nationwide.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.