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Stocks

Reliance Mutual Fund reduces stake in PVR to 4.88%

May 24, 2016

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PVR Limited

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PVR is the largest and the most premium film and retail entertainment company in India. Since its inception in 1997, the brand has redefined the way entertainment is consumed in India. It currently operates a cinema circuit comprising of 519 screens in 113 properties in 46 cities pan India.

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Reliance Mutual Fund which held 2,430,206 shares representing 5.21% as of April, 2016 – sold 149,914 shares representing 0.32%. With this sale its stake is now reduced to 2,280,292 shares or 4.88%. The company is due to announce their financial results within the next 2 days.

List of Reliance Mutual Fund Schemes holding PVR Limited as of April, 2016

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