March 30, 2026 09:09 am (IST)
Shrikant Bhasi of Carnival Cinemas bags Outstanding Achievement Award at CMO Asia Multiplex Excellence Awards
Mumbai, Aug 11 (IBNS): At the 6th CMO Asia Multiplex Excellence Awards organised in Singapore on Tuesday, Carnival Group Chairman Shrikant Bhasi received Outstanding Achievement Award for making Carnival Cinemas the largest multiplex chain spread across cities in India.
Carnival Cinemas has presence in 89 cities with 344 screens at 122 locations of which 126 screens are in tier- one cities, 55 in tier- two and 163 in tier- three cities of India.
Earlier this year, Shrikant Bhasi promoted Carnival Group had acquired Glitz Cinemas which is a part of Capital 18, a subsidiary of Mukesh Ambani’s Network 18 Media and Investments Ltd. followed by Reliance MediaWorks’ Big Cinemas.
In July 2014 Carnival Group had acquired HDIL’s Broadway for Rs 110 crore.
Speaking about the success story, Carnival Group chairman Shrikant Bhasi said, “We want to go deeper into the smaller towns and villages and take entertainment to remote areas of India. Carnival Cinemas has a vision to have 3000 screens and we also plan to spread to Middle East and south Asia soon.”
CMO Asia Awards are awarded in partnership with the CMO Council and hosted by the World Brand Congress and recognize organizations for their achievements. The awards are judged by an independent, hi-calibre jury of professionals from across Asia.
Earlier this year, Shrikant Bhasi promoted Carnival Group had acquired Glitz Cinemas which is a part of Capital 18, a subsidiary of Mukesh Ambani’s Network 18 Media and Investments Ltd. followed by Reliance MediaWorks’ Big Cinemas.
In July 2014 Carnival Group had acquired HDIL’s Broadway for Rs 110 crore.
Speaking about the success story, Carnival Group chairman Shrikant Bhasi said, “We want to go deeper into the smaller towns and villages and take entertainment to remote areas of India. Carnival Cinemas has a vision to have 3000 screens and we also plan to spread to Middle East and south Asia soon.”
CMO Asia Awards are awarded in partnership with the CMO Council and hosted by the World Brand Congress and recognize organizations for their achievements. The awards are judged by an independent, hi-calibre jury of professionals from across Asia.
#Shrikant Bhasi of Carnival Cinemas
# Outstanding Achievement Award
# CMO Asia Multiplex Excellence Awards
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Middle East crisis: Modi appeals countrymen to collectively overcome challenges during Mann Ki Baat address
Sun, Mar 29 2026
Shocking mid-air drama: Passenger tries to open emergency door in IndiGo flight, claims ‘ghost possessed' him
Sun, Mar 29 2026
UP: Woman shocked after Rs.10 crore suddenly appears in bank account—What happened next?
Sun, Mar 29 2026
Bengal polls a ‘fight for liberation from fear’, says Amit Shah as he unveils TMC chargesheet
Sat, Mar 28 2026
