The Board of Directors of INOX Leisure Ltd at its Meeting held today have approved the acquisition of 10,15,000 Equity Shares of Swanston Multiplex Cinemas Private Limited (SMCPL) representing 50% Paid-up Capital of SMCPL. On completion of acquisition, SMCPL shall become wholly-owned subsidiary of the Company.
Shares of INOX LEISURE LTD. was last trading in BSE at Rs.274.5 as compared to the previous close of Rs. 267.1. The total number of shares traded during the day was 27398 in over 750 trades.
The stock hit an intraday high of Rs. 278 and intraday low of 262.05. The net turnover during the day was Rs. 7453786.