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PVR INOX says preliminary probe found no evidence of kickbacks, disputes account of senior executive’s exit
PVR INOX on Monday said a preliminary assessment into anonymous allegations of employee impropriety found no evidence of kickbacks, countering reports of an alleged ₹200-crore scandal. The company also clarified that former senior executive Pramod Arora resigned for personal reasons on May 4 and was not asked to leave.
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Timeline cronologica
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PVR INOX executive shown door in April after probe into alleged developer kickbacks
A senior PVR INOX executive was asked to leave in April after an internal probe. Allegations suggest kickbacks from developers involved in building cinema properties. These…
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PVR Inox shares crash 8% after alleged Rs 200 crore kickback investigation; company issues clarification
Reports of an internal probe into alleged kickbacks have caused a steep decline in PVR Inox shares. Following the investigation, a senior executive exited the company in April,…
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PVR INOX says preliminary probe found no evidence of kickbacks, disputes account of senior executive’s exit
PVR INOX on Monday said a preliminary assessment into anonymous allegations of employee impropriety found no evidence of kickbacks, countering reports of an alleged ₹200-crore…