Nippon India Mutual Fund increased its stake in PVR INOX from 8.19% to 8.89% by purchasing 6,80,182 shares.
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 fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.
