PVR INOX: Approves Q2 FY27 Unaudited Results and ₹3,034 Million Buyback

PVR INOX Limited has announced its unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. The Board of Directors also approved a substantial buyback of equity shares, repurchasing 20,68,965 shares for a total cash outflow of ₹3,034 million (approximately $36.4 million USD). The trading window is set to reopen on October 31, 2026.

Board Meeting Outcome and Financial Results

PVR INOX Limited held a Board Meeting on October 28, 2026, where it approved the Un-Audited Standalone and Consolidated Financial Results for the second quarter and the half-year ended September 30, 2026. These results were also reviewed by the Audit Committee on the same day. The company has provided a detailed statement of these financial results, along with an Unmodified Limited Review Report from its statutory auditors, S.R. Batliboi & Co. LLP.

Equity Share Buyback

A significant highlight from the meeting was the approval of a buyback of equity shares. The Board had previously approved this buyback on August 31, 2026. The offer involved the purchase of 20,68,965 equity shares, representing 2.11% of the company’s paid-up equity share capital as of March 31, 2026. The buyback was conducted at a price of ₹1,450 per equity share through a tender offer route, commencing on September 10, 2026, and concluding on September 24, 2026. The total cash outflow for this buyback amounted to ₹3,034 million, including transaction costs. The company funded this buyback from its free reserves and securities premium, in compliance with Section 68 of the Companies Act, 2013. A Capital Redemption Reserve of ₹21 million was also created as per Section 69 of the Act. The presented standalone financial results reflect the impact of this buyback, with the paid-up equity share capital adjusted as of September 30, 2026.

Trading Window Information

Further to a previous communication dated September 28, 2026, the company has informed that the trading window for dealing in the securities of the company will be opened from October 31, 2026. The Board Meeting commenced at 12:45 P.M. IST and concluded at 02:00 P.M. IST on October 28, 2026.

Availability of Financial Results

The approved financial results will be available on the websites of the stock exchanges where PVR INOX’s shares are listed, namely www.nseindia.com and www.bseindia.com. They will also be accessible on the company’s investor relations website: https://www.pvrcinemas.com/investors-section.

Source: BSE

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