Adlabs acquires two cinemas in C.P.

MUMBAI: Adlabs has taken over two cinema theatres from the Central Province territory for conversion to multiplexes.

Sources say that the Krishna Talkies in Raipur had been closed since 30 March 2007 for renovation. The theatre will now be converted into a multiplex and will be controlled by Adlabs. The multiplex will boast four screens and is expected to commence operations by April 2008.

Similarly, Geet Talkies, which has a seating capacity of 1,114 persons and a collection capacity of Rs 600,664.40 for 28 shows has also been acquired by Adlabs, sources say.