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| Exchange Disseminated Time 06/05/2016 10:00:15 | PVR Ltd has informed BSE that the Company has received an order of the Competition Commission of India ("CCI") under Section 31(7) of the Competition Act, 2002 dated May 04, 2016, whereby the CCI has approved the proposed combination with DLF Utilities Limited in relation to acquisition of DT Cinemas, with certain modifications as proposed by the Company on April 11, 2016, which inter alia include exclusion of DT Savitri (1 screen) and DT Saket (6 screens) from the proposed combination. A copy of the order is available on the CCI website.
The Company is assessing the order and will take appropriate action in due course. |
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