Cineline India Re-enters Film Exhibition Business


Mumbai, Maharashtra, India


Cineline India Limited (part of Kanakia Group), one of the most renowned real estate players in MMRDA region is re-entering the film exhibition business and will launch the same under a new brand in Q1 FY23.


 


Rationale of Re-entry in the Film Exhibition Business


  • The Company was present in the film exhibition business through its ‘Cinemax’ Brand since 1997.


  • In 2012, the Company sold its

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