About The Inox
INOX Leisure Limited (INOX) is amongst India’s largest multiplex chains with 151 multiplexes and 641 screens in 69 cities (as of January 2021). INOX is known for redefining movie experiences in India, each INOX property is unique with its own distinct architecture and aesthetics.
INOX Leisure Ltd was given the ‘Technology Adopter of the Year’ Award by Big Cine Expo 2016.
Its merger with Bengal Ambuja promoted Calcutta Cinema Private Ltd (CCPL) (89 cinemas at Swabhumi), has given INOX access to an additional nine multiplexes in West Bengal and Assam.
With a view to consolidate its position in the multiplex industry, the company acquired 17,565,288 equity shares of Fame Cinemas in February 2010. As required under Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, the company made an open offer to the shareholders of Fame Cinemas which was open from 16 December 2010 to 4 January 2011. The company acquired a further 1,075 equity shares of Fame Cinemas in the open offer. Subsequent to the completion of the open offer formalities on 6 January 2011, the company holds 17,566,363 equity shares of Fame, representing 50.27% of the issued and paid-up capital of Fame. Consequently, Fame and its subsidiaries Fame Motion Pictures Limited (formerly known as Shringar Films Limited) and Big Pictures Hospitality Services Private Limited have become subsidiaries of the company with effect from 6 January 2011. In September 2013, Fame Cinemas was re-branded as INOX.
INOX acquired Satyam Cineplexes Limited by way of acquisition of 100% of the equity share capital from its existing shareholders which is valued at Rs 182 crores.