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| Sebi bans Pyramid Saimira for 7 yrs; company to file appeal | 10-NOV-09 |
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| Market regulator Securities and Exchange Board of India (Sebi) today banned Pyramid Saimira Theatre (PSTL) from dealing in stock markets for seven years after it found that the company colluded with seven persons to corner the portion reserved for employees in its initial public offer in 2006.
"PSTL is restrained from dealing in securities in any manner whatsoever or accessing the securities market, directly or indirectly, for a period of seven years," Sebi said in a |
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| Madras HC sets deadline for Pyramid dues | 03-NOV-09 |
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| The High Court here directed Pyramid Saimira Theatre Ltd (PSTL) today to pay back its dues to Patni Financial Services before Thursday, failing which an official liquidator will be re-appointed. The company had earlier said it was planning to raise Rs 50 crore in Qualified Institutional Placement and told the court it would pay the money to Patni by early next year. |
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| Suven Life Sciences, Gammon India & Pyramid Saimira Q2 results | 01-NOV-09 |
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| Suven Life Sciences Limited, a biopharmaceutical company engaged in drug discovery and developmental activities in central nervous system (CNS), recorded a 48.03 per cent fall in its net profit to Rs 2.51 crore during the quarter ended September 30, 2009, compared with Rs 4.83 crore in the same period previous year. |
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| Pyramid Saimira net profit at Rs 6 cr | 26-OCT-09 |
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| Pyramid Saimira Theatre today reported a net profit of Rs 5.77 crore for the quarter ended September 30, 2009, while it had a net loss of Rs 3.11 crore in the same period last year. |
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| Pyramid Saimira to dilute 40% in all 8 subsidiaries | 07-OCT-09 |
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| As part of a restructuring plan, the Chennai-based Pyramid Saimira group, which produces films, has decided to dilute 40 per cent stake in all its eight subsidiary companies. It hopes to raise up to Rs 300 crore by doing so. |
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| Pyramid Saimira shareholders okay fund raising | 06-OCT-09 |
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| Pyramid Saimira Theatre, which is engaged in entertainment business, today said it will raise Rs 500 crore by offering securities to foreign investors, qualified institutional buyers and promoters. |
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| Pyramid Saimira slaps lawsuit on Kamal Haasan | 10-SEP-09 |
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| Pyramid Saimira, an entertainment company based here, has sent a legal notice to Tamil film star Kamal Haasan for allegedly taking fees for, but not completing, the film Marmayogi. The company also said it has filed a recovery suit at the High Court. |
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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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