Pyramid Saimira

Pyramid Saimira, an Indian multinational entertainment company, operating in 6 countries ^[1] was one of the World's fastest growing entertainment group. Its diversified businesses included Exhibition (Theatre), Film and Television Content Production, Distribution, Hospitality, Food & Beverage, Animation and Gaming, Cine Advertising, etc., which has significantly altered the profile of Tamil Nadu cinema, the Tamil film music scene and entertainment industry in India at large. Its founder and CEO died on 28 Jun 2019 due to diabetics related illness.

Pyramid Saimira

Company type	Film production Film distribution Film soundtrack distribution Exhibition
Traded as	BSE: 532791 NSE: PSTL
ISIN	INE165H01018
Industry	Entertainment, Software
Headquarters	Chennai , India
Area served	India, China, Malaysia, Singapore, USA, UK
Key people	Mr.PS Saminathan, Mr N Narayanan
Products	Motion pictures (Tamil)

Filmography

Distribution

• Mozhi (2007)
• Satham Podathey (2007)
• Billa (2007)
• Evano Oruvan (2007)
• Azhagiya Tamil Magan (2007)
• Ali Bhai (2007)
• Vaazhthugal (2008)
• Arasangam (2008)
• Kuselan (2008)
• Saroja (2008)
• Naan Kadavul (2009)

Production

• Kannamoochi Yenada (2007)
• Aayudham Seivom (2008)

Debts, Problems and Closure

Following the failure of Kuselan (2008), the production studio began to experience significant financial problems which affected several of their ongoing projects.^[2] The releases of films including Krishna's Yen Ippadi Mayakkinai starring Richard and Gayathrie and Jeppi Azhagar's Vaanam Partha Seemayile starring Ashok and Priyanka Nair, were sudden cancelled despite having audio releases.^[3] Likewise, Shankar Dayal's Anandham Arrambam, which was meant to be the launch for actor Adharvaa Murali, was also shelved despite beginning production. Kamal Haasan's bilingual period film, Marmayogi, was also scrapped after Pyramid Saimira were unable to finance the venture.^[4]

In the year 2010, the management was struck by debts ranging to Rs.500 Crore and cases were filed on it by SEBI for breaching its terms and finally closed down.^[5][6]

Share investors were duped by company's false auditing practices and internal scams. The promoter assured investors in their AGM that everything was in order and also acknowledged to make a dividend payout as a good will measure. It's another blot in ethics and corporate governance of the promoters.^[7][8]

Key Personalities

These are the people who are mainly responsible for Pyramid Saimira.^[9]

Mr. P.S. Saminathan Group CEO and CFO Mr. K.S.Srinivasan Director & CEO – Pyramid Saimira Production International Ltd Mr. Satish Shukla CEO – Saimira Access Technologies Limited Mr. T.A.Adikesavan President-Management Services(MS) & Knowledge Management Systems (KMS) Mr. R. Venkatakrishnan Chief Operating Officer (COO) --- Saimira Realty Limited Mr. G. Gowtham President – Marketing & Movie Cards, PSTL Mr. T.Sivakumar CEO – PSTL Exhibition Mr R Chandrasekar, GM (Distribution) Mr. Ram Mohan Rao President – Content Procurement, PSEL

Mr. S.Ganesan Group Company Secretary Mr. A.S.Satish Kumar CEO – Pyramid Saimira Theatre Chain (M) Sdn Bhd Mr. V.Srinivasan Chief Technical Officer Mr. Alok Kumar Vice President – Food & Beverages Ms. Subhaa Venkat General Manager – Productions & Creativity Ms. Purvi Shah COO – Western Region | Global Head – Corporate Communication Mr. G.K.Kalidasan Vice President – HR