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.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.