Mr. Nirmal Kotecha will continue to be in the Board of Pyramid Saimira Theatre Limited as a non executive, non independent director.
About Pyramid Saimira Group:
Pyramid Saimira Group operates in 6 countries. It is a holistic Indian Multinational Entertainment Company. It is present in film exhibition, film distribution, film production, TV content production, advertisement, Gaming & Animation, media, Food & Beverages and Realty etc. It has around twelve group companies namely Pyramid Saimira Theatre Ltd., Pyramid Saimira Production International Ltd., Pyramid Saimira Theatre Chain Malaysia Sdn Bhd, Pyramid Saimira Entertainment Ltd-Singapore, Pyramid Saimira Entertainment America Inc., Saimira Realty Pvt. Ltd., Pyramid Saimira Production Services Ltd., Dimples Cine Advertising Pvt. Ltd., Aurona Technologies Ltd- UK, Saimira Access Technologies Ltd., Jiangsu Longzhe Pyramid Saimira Co. Ltd.,China , Spize TV
Its group holding Company, Pyramid Saimira Theatre Limited, is publicly listed in National Stock Exchange (NSE: PSTL) and Bombay Stock Exchange (BSE: 532791). In the exhibition sector, it has over 53 multiplexes with approximately 955 screens across India, Malaysia, Singapore and North America. Pyramid Saimira Theatre Ltd. has recently signed an agreement with Spize TV, a UK-based DTH player, as well as an arts and cultural cooperation agreement with the China Society of Music Research Board (CSRMB) to operate theatres, distribute films and further engage in other entertainment and cultural activities in China. By 2010, the Group plans to operate 175 multiplexes with 2,000 screens in India alone. By its own estimates, Pyramid Saimira ranks as the world's third largest cinema operator based on its number of seats and admissions with nearly 4,34,975 seats as of April 2008.
