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Mukta A2 Cinemas, a wholly-owned subsidiary of Mukta Arts , has signed an MoU for taking over the operations of two-screen Sun City Multiplex, Vile Parle (East), Mumbai. The multiplex has around 600 seats.
Sun City is a running multiplex in a prime location. Mukta A2 Cinemas has started renovation of one of its screens and expects to complete it before the theatrical release of Race-3 in June. Thereafter, the second screen will also be renovated. Shares of Mukta Arts jumped 5.8 per cent at ₹61.80 on the NSE.
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