Inox Leisure is engaged in the entertainment business within the cinema exhibition industry, witnessed a rise in share prices on Thursday after the company announced that a meeting of the board of directors will be held on Sept. 25, 2014 to consider and approve the proposed scheme of amalgamation of Satyam Cineplexes, a wholly-owned subsidiary of the company with the company. The board will also discuss matters incidental thereto.
In accordance to the company's Internal Code of Conduct for Prevention of Insider Trading, the trading window for dealing in the securities of the company will remain closed from Sept. 18, 2014 to Sept. 26, 2014 (both days inclusive).
Shares of the company are trading at Rs 168.60, up Rs 5.55, or 3.40% at the Bombay Stock Exchange (BSE) on Thursday at 11:00 a.m.
The scrip has touched an intra-day high of Rs 172 and low of Rs 167. The total volume of shares traded at the BSE is 19,293.