16-07-2025
PVR shares in focus today as Karnataka government caps movie ticket prices at Rs 200
Shares of multiplex operators including PVR are in focus today after the Karnataka government issued a notification capping the maximum price of movie tickets across all theatres in the state, including multiplexes, at Rs 200 per ticket (inclusive of entertainment tax).
According to the draft amendment to the Karnataka Cinemas (Regulation) Rules, 2014, published by the Karnataka Government Secretariat on 15 July 2025, the government proposes to amend Rule 55 by inserting a proviso that explicitly limits the cost of each show ticket to Rs 200 for all language films.
The notification further mentions the omission of Rule 146 from the existing rules and invites objections and suggestions from the public within 15 days of the publication of the draft in the Official Gazette.
This move is expected to impact the revenue and pricing flexibility of multiplex chains like PVR and INOX in Karnataka, which typically charge premium rates for weekend and prime-time shows.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.