PVR-INOX plans to shut down

PVR-INOX Leading cinema exhibitor PVR INOX plans to close around 50 loss-making screens, having an accelerated depreciation. PVR-INOX: “The company plans to shut down approximately 50 cinema screens over the next 6 months,” said PVR INOX in its investor’s update for the fourth quarter and financial year ending of March 31, 2023. These properties are…