PVR INOX Stock Dips as Promoter Pledges 4 Lakh Shares for Personal Loan

• PVR INOX shares fell 2% on Dec 30, closing at ₹994.50, marking the sixth consecutive session in the red.
• Promoter Ajay Kumar Bijli pledged 4 lakh equity shares on December 24 for a personal loan, not for company operations.
• 3,10,407 shares were pledged with Infina Finance Private Limited, and 90,037 with HSBC InvestDirect Financial Services India Limited.
• The stock has seen a 25% decline over the past year and a 9.38% negative return in the last month.
• Amidst stock pressure, PVR INOX opened India's highest altitude cinema in Ladakh (11,500 feet) with two screens under a FOCO model.

Why It Matters: PVR INOX stock faces pressure after promoter pledges shares for personal loan, despite new Ladakh cinema.