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Examples
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The company is part of Reliance Mediaworks which was formerly known as Adlabs Films.
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Adlabs, which is among India's top movie screen builders by number of screens, plans to add 100 screens in the next 12 months, he said.
Adlabs to Spend 2.50 Billion Rupees for Screens, Studio, BPO Center 2009
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Other companies of the Anil Ambani group such as Adlabs, RNRL and Reliance Power also gained in a strong Mumbai market on Wednesday.
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BIG, run by Adlabs Films (which is part of the Reliance ADA Group, a conglomerate), is working on building a chain of movie theaters that would show the latest Bollywood flicks.
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Eventually, BIG plans to air cricket matches as well, (Adlabs CEO Anil) Arjun said.
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Reliance Anil Dhirubhai Ambani Group owns around 61.5% in Adlabs through various group entities, while 8% is owned by institutional investors, and the rest is held by public investors.
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Adlabs 'shares were trading up 3.6% at 436.30 rupees at 0840 GMT on the Bombay Stock Exchange, while the benchmark Sensex was flat.
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Under the current plan, the shareholding pattern in Reliance Unicom will be identical to that of Adlabs.
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Adlabs last month received government approval for transferring its radio licenses and its Big FM radio channel to Reliance Unicom.
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Adlabs is a unit of unlisted Reliance Entertainment.
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