PSTL

Pyramid Saimira Theatre Limited has informed the Exchange regarding the outcome of board meeting held on February 20, 2010. 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).<a href=/content/corporate/pstl_outcome_22022010.zip target=NEW> For more details click here.</a>

Pyramid Saimira Theatre Limited has informed the Exchange that at the Board Meeting held on August 25, 2009, the Board of Directors considered and approved the raising of funds upto US$ 100 Million through international offering of securities including Foreign Currency Convertible Bonds (FCCBs), Global Depository Receipts (GDRs), American Depository Receipts (ADRs), subject to necessary approvals. The Board of Directors also in-principally approved de-merger of M/s. Pyramid Saimira Content Distribution Private Limited, a Subsidiary Company (Distribution Wing) and M/s. Pyramid Saimira Productio

Pyramid Saimira Theatre Limited has informed the Exchange regarding 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).<a href=/content/corporate/PSTL_Outcome_06032009.zip target=NEW> For more details click here.</a>

Pyramid Saimira Theatre Limited has informed the Exchange that 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 investm

Pyramid Saimira Theatre Limited has informed the Exchange that at the Board Meeting held on June 30, 2008, the Board of Directors considered and decided to obtain the approval of the shareholders for the following: (1) To issue securities upto a sum of USD 450 Million to Qualified Institutional Buyers(QIBs). (2) To alter the Object Clause of Memorandum of Association for running other allied entertainment activities together with the existing business. (3) To alter the Articles of Association. (4) To participate in the financials of other bodies corporate. Further the Board directed the Compan

Pyramid Saimira Theatre Limited has informed the Exchange that the Board of Directors at its meeting held on February 19, 2008, the Board of Directors considered and unanimously approved the following: (1) Increase of Borrowing Powers to the Board from the present Rs.1,500 Crores to Rs.3,000 Crores. (2) Commencement of Food & Beverages business as contemplated in the "other object" of Memorandum of Association. (3) Investment upto a sum not exceeding Rs.300 Crores in group companies. Further, the Board directed the Company Secretary to convene an Extraordinary General Meeting in order to get t

Pyramid Saimira Theatre Limited has informed the Exchange that at the Adjourned Board Meeting held today i.e. January 17, 2008, the Board of Directors discussed certain proposals to raise additional funds for the Company and decided on the following proposals: 1) To raise additional funds through FCCB/ GDR/ ADR up to US$ 400 millions. 2) To issue up to 1,00,00,000 convertible warrants to promoters/ promoters group. The Boards also decided to seek the approval of the shareholders by convening an Extra Ordinary General Meeting for the above proposals.

Pyramid Saimira Theatre Limited has informed the Exchange vide its letter dated October 22, 2007 that: "At the Meeting of the Board of Directors held today, 36,40,000 Convertible Warrants were allotted to Mr.P.S.Saminathan, Promoter Director of the Company on preferential basis, at a price of Rs.310/- per warrant".

Pyramid Saimira Theatre Limited had informed the Exchange regarding the convening of Board Meeting for consideration of certain proposals in connection with acquisition of Theatre Chains abroad. The Company has informed the Exchange on September 24, 2007 that: "At the Meeting held today, detailed discussions were held on various proposals on the above but no decision was taken. The Meeting was adjourned for a later date."

Pyramid Saimira Theatre Limited has informed the Exchange that "(1) The Board approved the Card Scheme of the Company to mop up 25 lakhs membership for FY 07-08. (2) The Board approved that total investments made by Pyramid Saimira Theatre Ltd. (PSTL) on funding the production of films can be transferred to Pyramid Saimira Production Limited with effect from 31st March, 2007 valued approx at Rs. 14.00 crores. The actual figures to be finalized after audit. (3) The Board also approved out of Rs. 14.00 crores PSTL can get 60 lakhs shares of PSPL at Rs. 10/- per share, aggregating to Rs. 600 lakh

12) The Board also commended the performance of the company from 1st January 2007 till date and expressed satisfaction in the progress made. The Board also appreciated the presentation made by the COO-Karnataka, Mr.Somasekhar and COO-Tamilnadu, Mr.K.S. Srinivasan with regard to the progress made and future plans".

Pyramid Saimira Theatre Limited has informed the Exchange that The following matters were discussed and decided in the board meeting held at Bangalore on 20.2.2007: (1) The Board discussed at length and approved the company's plan to raise US$ 100 million in FCCB. The Board also approved the consequent resolutions arising out of this FCCB issuance. The Board also recommended to the shareholders of the Company to approve the same and an EGM to be called for this purpose. (2) The Board also approved the Company's plan to be a partner in Special Purpose Vehicle (SPV) to be formed along with devel

(6) The Board also discussed and approved Malaysian JV company's plan for being a catalyst in constructing 100 new entertainment centers / malls, creation of a real estate investment Trust to acquire the above said assets and also make Pyramid Saimira Theatre Chain (Malaysia) Sdn.Bhd as an asset management company to manage assets created, which is approx. of the value of US$ one Billion. The Board deliberated and approved Malaysian JV company's plan to acquire an existing theatre chain company and an existing content distribution company in Malaysia for a faster ramp up of operation. (7) The

Pyramid Saimira Theatre Limited has informed the Exchange that: "1) The Board reviewed the Completion Guarantee for Films, which will be reinsured by Insurance Companies with proper tie-up. The Board also approved the participation of Pyramid in proposed unstructured Content Fund to be raised immediately for funding Production houses. The Board also approved that Pyramid can be a sponsorer in structured close ended content fund that can be raised both in India and abroad. 2) The Board approved that wherever Pyramid has the Content Supply Chain arrangement with Production houses, Pyramid can al