PVR INOX shares plunge 8% after a report on an alleged ₹200-crore kickback probe
- PVR INOX shares plunged over 8% after a report alleged an internal probe into kickbacks worth up to ₹200 crore.
- The probe reportedly involved developers linked to the construction of PVR INOX cinema properties.
- Senior executive Pramod Arora and others left the company amid the investigation into alleged irregularities.
- PVR INOX later said its preliminary assessment found no evidence of kickbacks and disputed the account of Arora’s exit.
Source: economictimes.indiatimes.com
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