Shares of the streaming video pioneer rose 6.1% to $335.05 in after-hours trading, after falling nearly 38% in the previous year.
The bid deadline, which was originally set for January 12, has been pushed back to January 16.
The Mumbai bench of NCLT has cleared the scheme of amalgamation between INOX Leisure and PVR.
INOX Leisure Limited is now present in 74 cities with 169 Multiplexes, 720 screens.
RRPR Holding's board of directors has approved the immediate appointment of Sudipta Bhattacharya, Sanjay Pugalia, and Senthil Sinniah Chengalvarayan as Directors.
This acquisition opens up a direct-to-consumer practice for HGS.
Analysts predict that the merger will be completed by Q4 of current fiscal year as a result of the permission
CCI announced in a tweet on Monday that it has approved the merger of Jio Cinema OTT platform with Viacom18 Media.
According to BARC data for the current fiscal year (2023), the combined firm has a 36% market share of TV viewers in the Hindi GEC category and a 33% market share in Hindi film channels
According to a statement released on Thursday, the Consumer Unity & Trust Society (CUTS) has asked the Competition Commission of India (CCI) to look into the situation.
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