Pyramid Saimira

Market regulator SEBI has barred Pyramid Saimira from the securities market for seven years on the IPO irregularity case. At 10:01 am, the share was quoting at Rs 19.65, down Rs 2.15, or 9.86%. There were pending sell orders of 146,117 shares, with no buyers available. It was trading with volumes…

Under takeover laws, any entity that acquires more than 15% in a firm needs to make an open offer for at least another 20%

SEBI has barred Pyramid Saimira from the securities market for seven years. In an interview with CNBCTV18, PS Saminathan, Managing Director, Pyramid Saimira said that the company will appeal against the SEBI order.

Theatre operator Pyramid Saimira Theater Ltd shares fell by their daily limit of 10% in early trades on Wednesday, after the company was barred from dealing in securities by the regulator for seven years.

Pyramid Saimira with reference to the news item appearing in a leading portal titled `Kolkata based RBD Group has bought 40% stake in Pyramid Saimira; RBD has bought the production arm of Pyramid Saimira for Rs. 40 crore` has announced a clarification. Pyramid Saimira Theatre clarifies that  has…

Pyramid Saimira Theatre reported a net profit of Rs 5.77 crore for the quarter ended September 30, 2009.

Scam-hit Pyramid Saimira Theatre Ltd has informed the Bombay Stock Exchange that P.S. Saminathan, who was barred by the capital market regulator Sebi recently, is stepping down as chairman of the company. He will, however, continue as managing director. N. Narayanan, a promoter-director of the…

Latest buzz in Kollywood is that Pyramid Saimira, one of the popular corporate film producers in Kollywood has sent a legal notice to Kamal Hassan and asked him to return the advance amount Rs.10.90 crores that was given for Marmayogi.Kamal Hassan replies, "My attention has been drawn to reports…

At 12:15 pm, Pyramid Saimira Theatre was locked at 10% upper circuit. It touched an intraday high of Rs 18.73 and an intraday low of Rs 17.90. The share was quoting at Rs 18.73, up Rs 1.70. There were pending buy orders of 46,774 shares, with no sellers available. It was trading with volumes of…

The Securities Exchange Board of India said employee quota during the initial public offer of Pyramid Saimira was fudged, reports CNBCTV18's Vivek Law. The market regulator will now probe the role played by Pyramid Saimira’s management. Seven employees had allegedly cornered 99.5% of the…

PS Saminathan, MD of Chennaibased media company Pyramid Saimira Theatres, was arrested and let off on bail by a Chennai district Court. The case was filed by Indiabulls Financial Services in the Gurgaon Magistrate Court under Section 138 of the Negotiable Instruments Act, which basically relates…

The Movie Launch of ‘Yen Ippadi Mayakkinai’ and ‘Vanampartha Seemayiley’ produced by Pyramid Saimira happened under one roof, today morning. P S Swaminathan, chairman of Pyramid Saimira Productions, Sivasakthi Pandian, secretary, Tamil Film Producers Council, Sarath Kumar, president of…

Entertainment firm Pyramid Saimira (PSTL) has denied Nirmal Kotecha as being a promoter of the company, reports Economic Times. Market regulator, Securities and Exchange Board of India (SEBI) has barred Kotecha from trading in securities by market regulator. Pyramid Saimira stated that Kotecha…

Pyramid Saimira Theatre (PSTL) has put its businesses and assets in the US and Malaysia up for sale a move that aims to decline the losses and generating funds for Indian operations, reports Business Standard. In the US, the company has decided to sell off its 21 screens, two radio stations…

MUMBAI (Reuters) - Pyramid Saimira Theatre Ltd said on Tuesday its board approved raising funds up to $100 million through issue of global depositary receipts, American depositary receipts or foreign currency convertible bonds.