MUMBAI: PVR Ltd has approved the merger of its wholly owned subsidiary Sunrise Infotainment with the company.
Sunrise Infotainment operates the six screen multiplex at Oberoi Mall in Mumbai. The multiplex is a part of a mall development in Mumbai Goregaon suburb. The multiplex was opened on 8 May.
After this merger, PVR will now have three subsidiary companies namely PVR Pictures, C R Retail Malls (India), and PVR bluO Entertainment Limited. Out of these, C R Retail Malls (India) is a wholly owned subsidiaries of the company.
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