All kinds of stories keep unfurling in the microcap world. The company owned by the Legend group (mcap 15cr) has a wholly owned subsidiary which has started movie screening biz -
http://www.legendcinemas.com/
Currently 4 screens are operational in Bhiwadi and Faridabad. Given the group has experience in the malls, restaurant biz they would want to make it a tier 2 chain. The company has recently done a warrants round of 19cr with promoter stake going up.
Although multiple doubts on how the entire movie screening sector will perform in the backdrop of OTT but tier 2 addition might have some merit.