Pyramid Saimira Theatre (Delisted) share news and announcements

BSE: 532791

Last traded ₹5.29 on 23 Feb 2011

Delisted on 23 Aug 2017.

Pyramid Saimira Theatre share news and announcements

212 announcements, routine notices left out, newest first. Page 2 of 5.

  1. Jul 2009

    • 27 Jul · Results

      For the fifth quarter and the financial year ended June 30, 2009, the Company opts to submit audited financial results.

  2. Jun 2009

    • 27 Jun · Extension of Financial Year / Others

      At the board meeting held on June 26, 2009 the following points were considered and approved: (1) The Board unanimously approved the extension of the Financial year to 15 months upto June 30, 2009; (2) The Board considered and approved the issue of securities to Qualified Institutional Buyers subject to a maximum of One Crore shares in one or more tranches; (3) The Board considered and approved the issue of convertible Warrants to the promoters subject to a maximum of One Crore Warrants.

    • 27 Jun · Updates

      Unaudited Financial Results for the Quarter ended March 31, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 24 Jun · Updates

      "Exparte Interim Order in the matter of petition by Patni Financial Advisors Pvt. Ltd". A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 18 Jun · Board meeting

      To consider, interalia, the following : (1) Financial results (2) Raising funds through QIB placement (3) Issue of Convertible Warrants to Promoters.

    • 11 Jun · Updates

      They have shifted their registered office to the address mentioned below: C-1, II Floor,"Temple Towers", 672 Anna Salai Nandanam, Chennai 600 035.

    • 10 Jun · Miscellaneous

      Consequent upon the order of Hon'ble High Court, the attachment made on the bank accounts were lifted by the Income Tax Department, in respect of the overdraft facilities granted to M/s Pyramid Saimira Theatre Limited.

  3. May 2009

    • 27 May · Business

      Press Release regarding the outcome of Board Meeting held on May 27, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 11 May · Updates

      Order passed by the Hon'ble Mr. Justice V. Ramasubramanian in the matter of writ Petition Nos. 6213 and 6214 of 2009 and M.P Nos.1,2,1 and 2 of 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.

  4. Apr 2009

    • 30 Apr · Results

      For the Financial Year ended March 31, 2009, the company is going to submit Audited Financial Results for the Fourth Quarter and for the Financial Year.

  5. Mar 2009

    • 25 Mar · Updates

      Order given by Hon'ble Mr. Justice V. Ramasubramanian in the High Court of Judicature at Madras- dated March 23, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.

    • 24 Mar · Updates

      Vide its letter dated March 23, 2009, that "The honorable High court of Madras has heard our writ application today on 23.3.09. After the detailed hearing, the court ordered the following: (1) That the court has accepted the writ of mandamus and directed that the Income Tax Department should consider on merits the representation of the company dated 9.3.09. (regarding the revised return). (2) The attachment the department has done should be restricted to Rs. 26 crores (the claim of the department) and the company and the department should mutually agree as to the exact items to be attached for this Rs. 26 crores out of the Rs.246 crores already attached. The detailed typed formal order is awaited tomorrow 24.3.09 and the above order is as heard orally in court".

    • 20 Mar · Updates

      Information regarding the writ petition filed by the Company in the High Court of Madras in connection with attachment of Bank Accounts by Income Tax Dept. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements) For more details click here.

    • 6 Mar · Board meeting

      Outcome of Board Meeting held on March 05, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 2 Mar · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended December 31,2008.A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  6. Feb 2009

    • 27 Feb · Management

      Mr. N. Venkataraman, Non-Executive, Independent Director of the Company has intimated his resignation vide letter dated February 24, 2009. His resignation letter will be placed before the Board in the ensuing Board Meeting for their records.

    • 12 Feb · Legal

      We are getting queries from investors regarding current position of Mr. Nirmal Kotecha in the company. We want to clarify the investor community that as per his latest disclosure received by the company and intimated to the stock exchanges, presently Mr. Nirmal Kotecha is not holding any share in the company and he has resigned from the board of directors with effect from 17th November 2008. Hence he is no more a person belonging to promoters group or a Person Acting in Concert.

    • 11 Feb · Disclosure

      Disclosure under Regulation 8A(4) of SEBI (SAST) Regulations, 1997. The copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 4 Feb · Meeting

      Proceedings of the Annual General Meeting of the Company held on December 31, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 2 Feb · Legal

      There has been some media reports that Sun TV group is about to acquire PSTL. The management is not aware of any such proposal and further clarifies that neither the management nor the core promoters had any discussion with Sun TV group regarding any stake sale/ take over

  7. Jan 2009

    • 30 Jan · Updates

      Pyramid Saimira Theatre Limited has submitted a Notes on the financial results and additional quarterly declarations for the quarter ended December 31, 2008. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 22 Jan · Board meeting

      Meeting on 30 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”

    • 15 Jan · Updates

      Mr. Nirmal Kotecha is neither a Director of the Company nor a major stake holder of the Company. We also would like to brine to your attention the following:1) Mr. Nirmal Kotecha was allotted shares prior to IPO of the company and later he acquired shares from other pre-IPO investors of the Company. After the IP0 the holding of MR. Nirmal Kotecha was 70,36,619 Shares representing 24.89% of the Capital of the Company. 2) His name was included as Person Acting in Concert in the Prospectus and other IPO documents as he held a major stake in the Company and hence he was also inducted as a Director of the Company.3) However Core Promoters of the Company were Mr. V. Natrajan, Mr.N. Narayanan and Mr. P.S. Saminathan.4) Mr. Nirmal Kotecha resigned from the Board of Directors of the Company on 17.11.2008.5) As of 09.01.2009 Mr.Nirmal Kotecha's holding in the Company is 67,502 Shares representing 0.24% of the Capital of the Company.Since the holding of Mr. Nirmal Kotecha has been reduced to a meagre 0.24% of the Capital of the company, he is neither a Director of the Company nor a substantial stake holder of the company and as stated in the earlier communications he was hot involved in the day to day affairs of the Company

    • 13 Jan · Legal

      Clarification on media news about sale of shares by Mr. P.S. Saminathan. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  8. Dec 2008

    • 31 Dec · Meeting

      Outcome of Annual General Meeting held on December 31, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 24 Dec · Business

      Press release dated December 23, 2008, titled "Advisory from SEBI to Mr. P S Saminathan regarding "Open Offer"". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 23 Dec · Updates

      Pyramid Saimira Theatre Limited had informed the Exchange regarding a media report on Open Offer on December 22, 2008. The Company has now informed the Exchange that: "Mr. P S Saminathan, Chairman & Managing Director of the Company confirmed that he has since received an advisory from SEBI to file prospectus for public announcement for open offer to acquire 20% of shareholding within 14 days at a price of Rs. 250/- per share."

    • 22 Dec · Updates

      Media Reports on Open Offer: "We refer to the various media reports and wish to inform that the Company has not received any communication from SEBI so far. Mr. P.S. Saminathan, Promoter who is also Chairman & Managing Director of the Company has also confirmed that he has not received any communication from SEBI in this regard".

    • 5 Dec · FCCBs/Others

      Company has on December 05,2008 issued a Notice to The Bank of New York Mellon, London, who are the Trustees for the FCCB holders for modification of the existing Trust Deed to amend the Initial Conversion Price of the FCCB from Rs.454.00 per Bond to Rs.246.50. The Minimum Convertible Price of Bond as per Indian Ministry of Finance's 1993 Issue of Foreign Currency Convertible Bonds and Ordinary Shares (through the Depository Receipt Mechanism) Scheme is Rs.246.50 per Bond. The notice of voting is being sent to the Bondholders through the Trustees, for their approval as per the procedure laid down in the FCCB Offer Document and this amendment, if approved by the Bondholders, will be effective from or about December 18,2008.

    • 2 Dec · Meeting

      Company have fixed the date of the (postponed) Annual General Meeting of the Members of the Company as December 31, 2008.

    • 1 Dec · Disclosure

      Mr. P.S. Saminathan had informed the Exchange regarding the disclosure under Regulation 3(3) of SEBI (SAST) Regulations, 1997 for the proposed acquisition of Equity shares of M/s. Pyramid Saimira Theatre Limited, at a price of Rs. 200/- per equity share from the persons belonging to promoters group. Mr. P.S.Saminathan has now informed the Exchange that "After discussions with the transferees, considering the present market conditions, certain terms for acquisition is required to be modified in the above disclosure". Further, he has submitted to the Exchange the revised disclosure incorporating the changed terms of acquisition. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  9. Nov 2008

    • 17 Nov · Management

      Mr. Nirmal Kotecha, Non-executive, Non-independent Director of the Company has relinquished his post as Director of the Company with effect from November 17, 2008. His resignation letter will be placed before the Board in the ensuing Board Meeting for their records

  10. Oct 2008

    • 31 Oct · Updates

      The Company has made a total Topline of Rs.252.26 Crores for the 2nd Quarter of the Financial Year 2008-2009. The Company's total Topline for 6 months period from April 2008 to September 2008 was Rs.502.41 Crores. Correspondingly the Profit from Ordinary Activities before Tax was Rs.11.08 Crores and Rs.28.07 Crores respectively. Profit After Tax was Rs.8.7 Crores and Rs.22.2 Crores respectively. The basic EPS of the Company for the 2nd Quarter was Rs.3.08 and for six months period ended was Rs.7.85 and diluted EPS for the quarter and the six months period respectively were Rs.2.33 and Rs.5.74

    • 30 Oct · Board meeting

      Members of the Audit Committee at their Meeting held today evening i.e. October 30, 2008, reviewed the Unaudited Financial Results of the Company for the 2nd Quarter and six months ended September 30, 2008 and the results were submitted to the Board of Directors for their consideration. The Board of Directors received the Unaudited accounts from the Audit Committee and after brief discussions, decided to adjourn the meeting to tomorrow i.e. October 31, 2008.

    • 22 Oct · Board meeting

      Meeting on 30 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”

    • 13 Oct · Disclosure

      Mr. P.S. Saminathan has informed the Exchange that he proposes to acquire 70,45,619 Equity shares aggregating to 24.9169% of the shares/voting rights of Pyramid Saimira Theatre Limited from Mr. N.C. Ravichandran and Mr. Nirmal Kotecha. The mode of proposed acquisition is by way of Inter-se Transfer and the date of proposed acquisition is November 28, 2008. The proposed acquisition price per share is Rs.200/-. The shareholding of Mr. P.S. Saminathan after the proposed acquisition would be 1,32,58,575 shares aggregating to 46.8891% of the shares/voting rights of Pyramid Saimira Theatre Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 6 Oct · Updates

      Aurona Technologies, the gaming division of the Pyramid Saimira Group, has won a game art contract from Deep Silver, an Austrian developer and publisher. As per the agreement, Aurona Technologies will develop Ride to Hell, a game based on the biker gangs that were prevalent in the United States in the 1960s. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  11. Sep 2008

    • 30 Sep · Updates

      Following: "Pyramid Saimira to modernize 250 screens in South India". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 23 Sep · Updates

      The Company has reviewed its expansion plan for the fiscal year in view of the high inflation, slackening of demand for entertainment and food products and constraints of margins in leisure industry. In the review, the management has decided to wind up its exhibition division in Western and Northern parts of India in particular, by closing down 33 screens. A decision has also been taken to discontinue the distribution of Hindi films in view of the unviable cost structure of the Hindi film industry. In view of profitability in Malaysia and U.S.A. the plans therein will be continued, Operation of the company will be expanded to China in view of the Joint Venture with Ministry of Culture and ceding of Entertainment business in main land China. However the management has decided not to focus on core European market and not to proceed with acquisitions in U.K. and Europe. These measures will consolidate the business and the company will focus on its core strength of South Indian media and Entertainment industries.

    • 17 Sep · Updates

      Company inaugurates its first ever Cineplex in China by launching Huainan Pyramid Lonozhe Theatre Entertainment Tower and the China joint venture planning to invest Rs.150 Crores for further expansion. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 16 Sep · Updates

      Notice sent to shareholders containing the following: (1) Abstract and Memorandum under Section 302 of the Companies Act, 1956 in connection with the increase in the remuneration payable to the Chairman & Managing Director and the Re-appointment of Whole-time Director. (2) Intimation about postponement of Annual General Meeting for the year ended March 31, 2008. A copy of the notice shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 9 Sep · Corporate action

      Annual General Meeting (AGM) of the company for the year 2008 was schedule to be held on September 27, 2008 and it was decided to close the share transfer books from September 23, 2008 to September 27, 2008. But due to certain unavoidable circumstances, the Board of Directors at their meeting held on September 01, 2008 decided to postpone the AGM. Accordingly the company had made an application to the Registrar of Companies, Chennai for extension of time to hold the AGM. The Registrar of Companies vide their letter dated September 05, 2008 have granted the extension upto December 31, 2008. Schedule for the postponed meeting is yet to be decided. However the book closure will remain the same from September 23, 2008 to September 27, 2008 , for the purpose of Annual Book Closure.

    • 1 Sep · Management

      "Appointment of Mr. Prakash Iyer as Head - Finance & Business Development and Mr. H. Naveen as General Manager - Games Arcade & Retail Business". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 1 Sep · Updates

      "Pyramid Saimira rides high on the success of Veruthe Oru Bhariaya, the latest Malayalam film and also acquires distribution rights for four more films". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  12. Aug 2008

    • 28 Aug · News Verification

      News Verification : The media had reports that Pyramid Saimira Theatre Limited may acquire UK's oldest theatre chain Reel Cinema for around Rs. 200 crores. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Pyramid Saimira Theatre Limited has vide its letter inter-alia stated, "In this connection, we wish to inform you that as on date the discussions are in primitive stage."

    • 25 Aug · Meeting

      Annual General Meeting of the Members of the Company will be held on September 27, 2008. Further the Board also fixed the book closure dates from September 23, 2008 to September 27, 2008 (both days inclusive), for the purpose of AGM.

  13. Jul 2008

    • 31 Jul · Results

      Results of the Postal Ballot, announced on July 31, 2008, in respect of the Resolutions passed through Postal Ballot, pursuant to Section 192A of the Companies Act, 1956, read with the Companies (Passing of Resolution by Postal Ballot) Rules, 2001. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 31 Jul · Updates

      "Pyramid Saimira Group, the world's fastest growing entertainment conglomerate, is inaugurating the Pyramid Saimira Summit Cineplex in Bukit Morthajam, Malaysia today. The 3-screen cinaplex is equipped with state-of-the-art infrastructure and a combined seating capacity of 703 seats. The inauguration of the Cineplex is set to coincide with the worldwide release of the much-awaited Rajni Kanth Starring film,Kuselan".The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 31 Jul · Board meeting

      At the Board Meeting held on 30th July 2008, a proposal for segregating the investment portfolio into a separate entity, on the following grounds, was considered by the directors. (1) The Company now acts as a holding Company as well as operating Company thereby there is less clarity in strategic management focus and asset allocation and management bandwidth allocation between different activities. (2) Each of the activities have already been classified under separate Companies and only exhibition, F & B being combined with investment so far. (3) The Company in its effort to create an ecosystem wants to have sharper core focus for the respective Companies with separate management bandwidth and proper corporate governance, norms established in the respective core activity. The group also wishes to have a sharper management focus by segregating the Company management with the respective core functionality. (4) The group also wishes to list / acquire external investors for the respective core activity and wants each of the core activity to be held distinctly and operated on a stand alone commercial basis. The Board suggested to conduct a thorough study on the proposal and in the process wanted to obtain opinion from all stakeholders before taking any final decision.

    • 22 Jul · Board meeting

      To discuss interalia, the following: (1) To consider the Unaudited Quarterly (Provisional) financial Results of the Company for the first quarter ended June 30, 2008. (2) To consider the proposals for restructuring of business activities/ investments.