Pyramid Saimira
Pyramid Saimira, an Indian multinational entertainment company, operating in 6 countries was one of the World's fastest growing entertainment group. Its diversified businesses included Exhibition, 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.
Filmography
Distribution
- Aanai
- Mozhi
- Satham Podathey
- Billa
- Evano Oruvan
- Azhagiya Tamil Magan
- Ali Bhai
- Vaazhthugal
- Arasangam
- Kuselan
- Saroja
- ''Naan Kadavul''
Production
- Kannamoochi Yenada
- ''Aayudham Seivom''
Debts, Problems and Closure
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.
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.