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
Film production
Film distribution
Film soundtrack distribution
Exhibition
IndustryEntertainment, Software
Headquarters
Chennai
,
India
Area served
India, China, Malaysia, Singapore, USA, UK
Key people
Mr.PS Saminathan, Mr N Narayanan
ProductsMotion pictures (Tamil)

Filmography

Distribution

Production

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][7]

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.[8][9]

Key Personalities

These are the people who are mainly responsible for Pyramid Saimira.[10]

  • 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
gollark: Either way you will probably not have to worry about finding a job.
gollark: If we get self-programming computers that's basically the singularity, and who *knows* what happens with that.
gollark: There will, at the least, be people programming automation systems.
gollark: Unlikely.
gollark: If we can replace people with machines we should probably do so - no sense in having someone do work when they don't really need to.

References
  1. "Archived copy". Archived from the original on 13 September 2008. Retrieved 18 September 2008.CS1 maint: archived copy as title (link)
  2. "Kuselan Fiasco- A postmortem".
  3. "Three cheers for Pyramid - Lakshman Sruthi - 100% Manual Orchestra -". www.lakshmansruthi.com.
  4. "Kamal's action against Pyramid Saimira - Kamal Haasan - Raj Kamal International - Unnai Pol Oruvan - Marmayogi - Pyramid Saimira - Behindwoods.com". www.behindwoods.com.
  5. "Madras HC sets deadline for Pyramid Saimira creditors to provide proof of debt". The Hindu Business Line. 9 April 2012. Retrieved 4 November 2018.
  6. http://www.business-standard.com/india/news/pyramid-saimira-case-sebi-confirms-ban-against-india-capital/102147/on,p. 2.
  7. http://www.business-standard.com/india/news/sat-adjourns-hearingpyramid-saimira-case/85907/on,p. 3.
  8. India, Press Trust of (30 December 2012). "Compensation, job to wife of slain photojournalist" – via Business Standard.
  9. India, Press Trust of (16 February 2010). "SAT adjourns hearing on Pyramid Saimira case" – via Business Standard.
  10. "Main People".
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.