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| Pyramid Saimira puts up US, Malaysian biz on sale | 30-JUN-09 |
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| In a move aimed at stemming declining losses and generating funds for Indian operations, Chennai-based entertainment company Pyramid Saimira Theatre Ltd (PSTL) has put its businesses and assets in the US and Malaysia up for sale. |
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| Madras HC says no Pyramid Saimira plea | 23-JUN-09 |
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| The Madras High Court today refused to stay the appointment of the Provisional Liquidator (PL) to Chennai-based entertainment company Pyramid Saimira Theatre Ltd (PSTL). |
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| Pyramid Saimira suffers Rs 100-cr loss | 28-MAY-09 |
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| Chennai-based Pyramid Saimira Theatre Ltd (PSTL) said the company suffered a business loss of over Rs 100 crore last year which resulted in an erosion of working capital. Meanwhile, N Narayanan, one of the promoters of the company, took over as the new chairman from P S Saminathan, who will continue to remain managing director. |
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| Winding up petition against Pyramid | 01-MAY-09 |
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| Mumbai-based Patni Financial Advisors today filed a winding up petition in the Madras High Court against Pyramid Saimira Theatre Ltd (PSTL) for not repaying a loan of Rs 5 crore. The court asked the company to send a notice to PSTL asking why it should not be wound up. |
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| Sebi mulls legal action against Pyramid promoters | 28-APR-09 |
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| Market regulator Securities and Exchange Board of India (Sebi) is understood to be contemplating legal action against P S Saminathan, managing director and one of the promoters of Pyramid Saimira Theatre (PSTL), and Nirmal N Kotecha, another promoter of the company. |
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| PSTL clarifies that Nirmal Kotecha is not a promoter/director currently | 15-JAN-09 |
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| Pyramid Saimira Theatre Limited (PSTL) has informed the stock exchanges that the holding of Mr. Nirmal Kotecha comes down to just 67,502 shares which amounts to 0.24 % stake in the company. It also clarified that he has resigned from directorship in the month of November itself and he is neither a director nor a major stake holder of the company nor is he involved in any activity of the company. The company is also filing necessary declarations to the effect that Mr. |
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| Pyramid Saimira plans film fund | 26-DEC-08 |
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| Pyramid Saimira Theatre (PSTL) is planning to approach the Securities and Exchange Board of India (Sebi) for its proposed Rs 250-crore film fund. |
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| US Pizza in talks to set up express outlets | 07-NOV-07 |
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| With the aim of widening its footprints across the country, US Pizza Pvt Ltd has initiated talks with leading multiplexes like Pyramid Saimira Theatre Ltd (PSTL), PVR Ltd and Adlabs Cinemas for |
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| Tigers strike IOC fuel depot | 30-APR-07 |
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| The main oil storage tank hit by the Tamil Tigers in a daring air raid this morning is owned by the Sri Lankan government and the Indian Oil Corporation (IOC). The attack occurred at a petroleum |
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