It also approved management services agreement with its JV firm PVR bluO Entertainment. Moreover, Ajay Bijli along with five independent directors has been appointed.
The board in its Annual General Meeting authorised PVR to raise the fund, PVR informed the BSE.
It also approved management services agreement with its JV firm PVR bluO Entertainment. Moreover, Ajay Bijli along with five independent directors has been appointed.
The independent directors are -- Sanjay Kapoor, Sanjay Khanna, Vikram Bakshi, Sanjai Vohra and Amit Burmam. On July 31, PVR had said that it would Rs 500 crore through QIP for any inorganic growth or acquisition. Shares of the company today closed at Rs 700.85 apiece on the BSE, down 0.34 per cent from previous close.
PVR stock price
On September 29, 2014, PVR closed at Rs 700.85, down Rs 2.4, or 0.34 percent. The 52-week high of the share was Rs 746.50 and the 52-week low was Rs 465.00.
The company's trailing 12-month (TTM) EPS was at Rs 12.15 per share as per the quarter ended March 2014. The stock's price-to-earnings (P/E) ratio was 57.68. The latest book value of the company is Rs 94.95 per share. At current value, the price-to-book value of the company is 7.38.
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