PVR INOX Limited (PVRINOX) — Board Meeting

· NSE 🟡 Notable Neutral
📢 Key Event
Board approved audited financial results and AGM via video conferencing
🔄 What Changed
Recognized Rs. 78 million impairment and disposed of Zea Maize stake for Rs. 2,221 million
💡 Investor Takeaway
The exceptional gain from subsidiary disposal may boost share price despite operational impairments.

PVR INOX Limited announced the outcome of its May 11, 2026 board meeting, approving audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, along with an unmodified audit opinion from S.R. Batliboi & Co. LLP. The meeting also convened the 31st Annual General Meeting via video conferencing, to be announced separately, and noted an open trading window starting May 13, 2026. The company disclosed disposal of its 93.27% stake in Zea Maize Private Limited for Rs. 2,221 million, generating a Rs. 1,270 million exceptional gain, and recognized a Rs. 78 million impairment in capital work-in-progress due to a landlord dispute. Total assets stood at Rs. 1,54,784 million and equity at Rs. 73,369 million as of March 31, 2026, with net cash from operations at Rs. 20,719 million. The filing references compliance with SEBI Listing Regulations, 2015, including Regulations 30 and 33, and includes key financial disclosures, auditor's report, and a statement signed by the Managing Director.

📄 View Original Announcement (PDF)

About PVR INOX Limited (PVRINOX)

Media Entertainment & Publication · Entertainment · Listed on NSE

Market Cap: ₹9,917.21 Cr P/E: -34.8

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.