Hindi
PVR-Inox merger gets approval from BSE & NSE; it will reshape multiplex business
Mumbai: PVR and Inox Leisure on Tuesday disclosed that the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) have given their clearance with regards to the scheme of amalgamation or merger deal between the two companies.
The decision to merge was first proposed on 27 March before the board of directors of the two companies. The combined entity called PVR-Inox would become the largest film exhibition company in India operating 1546+ screens.
Post the merger, the promoters of Inox will become the co-promoters in the merged entity along with existing promoters of PVR. The board of directors of the merged company will be reconstituted with a total board strength of 10 members & both the promoter families having equal representation on the board with two seats each. PVR promoters will have 10.62 percent stake while Inox promoters will have 16.66 percent stake in the combined entity
PVR chairman Ajay Bijli will lead the combined entity as managing director. Sanjeev Kumar will be appointed as the executive director. Pavan Kumar Jain will be appointed as the non-executive chairman of the board. Siddharth Jain will be appointed as non-executive non-independent director in the combined entity.
When the merger becomes effective, shareholders of Inox will receive shares of PVR in exchange for shares in Inox at the approved share swap ratio. Inox shareholders will receive three shares in PVR for 10 shares of INOX.
The merger will be an all-stock amalgamation subject to approval of the shareholders of PVR and Inox respectively, stock exchanges, SEBI and such other regulatory approvals as may be required.
Hindi
MIFF 2026 to return to Mumbai; film entries open till April 12
19th edition to host WAVES Doc Bazaar, spotlighting global documentary talent
MUMBAI: The 19th edition of the Mumbai International Film Festival 2026 is set to take place from June 15 to 21 at the NFDC Complex, with film submissions currently open and the deadline fast approaching on April 12.
Organised by the National Film Development Corporation under the Ministry of Information and Broadcasting, the biennial festival remains one of South Asia’s most prominent platforms for documentary, short fiction and animation films.
Filmmakers, producers and content creators from across the globe have been invited to submit entries via the Film Freeway platform for the Competition Section. Offline submissions will not be accepted, reinforcing a fully digital entry process.
MIFF 2026 continues to sweeten the deal with a robust awards pool of Rs 55 lakh. The coveted Golden Conch for Best Documentary carries a top prize of Rs 10 lakh, alongside multiple awards across categories, making it one of the most lucrative non-feature film festivals in the region.
A key highlight this year will be the second edition of the WAVES Doc Bazaar, scheduled from June 16 to 18 alongside the festival. Designed as a hub for collaboration, the Doc Bazaar will feature a co-production market, viewing rooms and a work-in-progress lab, bringing together global buyers, sellers and creators under one roof.
Since its inception in 1990, MIFF has built a reputation as a serious showcase for non-feature cinema, drawing participation from filmmakers worldwide. The previous edition saw over 350 films from more than 30 countries, underlining its growing international footprint.
With submissions closing soon and preparations underway, MIFF 2026 is shaping up to be a vibrant meeting point for storytelling, collaboration and cinematic craft, offering filmmakers both a stage and a springboard.
