PVP Ventures gets Rs212.5 mn bid for cinema

PVP Ventures gets Rs212.5 mn bid for cinema
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First Published: Thu, Nov 20 2008. 11 54 AM IST
Updated: Thu, Nov 20 2008. 11 54 AM IST
Mumbai: PVP Ventures Ltd said that its unit, PVP Screens, has accepted a bid worth Rs212.5 million for its cinema property in the southern city of Chennai.
This includes the land, building under construction as well as furniture, the company said in a statement to the stock exchange.
PVP SCreens is a wholly owned unit of Telephoto Entertainments Ltd in which PVP Ventures holds 65.81%, it said.
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First Published: Thu, Nov 20 2008. 11 54 AM IST