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 (Theatre),
Film and Television Content Production,
Distribution Distribution may refer to:
Mathematics
*Distribution (mathematics), generalized functions used to formulate solutions of partial differential equations
*Probability distribution, the probability of a particular value or value range of a varia ...
, 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
*''
Mozhi'' (2007)
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Satham Podathey'' (2007)
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Billa'' (2007)
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Evano Oruvan'' (2007)
*''
Azhagiya Tamil Magan'' (2007)
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Ali Bhai (2007)
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Vaazhthugal'' (2008)
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Arasangam'' (2008)
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Kuselan'' (2008)
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Saroja'' (2009)
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Naan Kadavul'' (2009)
Production
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Kannamoochi Yenada'' (2007)
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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. The releases of films including
Krishna
Krishna (; Sanskrit language, Sanskrit: कृष्ण, ) is a major deity in Hinduism. He is worshipped as the eighth avatar of Vishnu and also as the Supreme God (Hinduism), Supreme God in his own right. He is the god of protection, c ...
's ''Yen Ippadi Mayakkinai'' starring
Richard
Richard is a male given name. It originates, via Old French, from compound of the words descending from Proto-Germanic language">Proto-Germanic ''*rīk-'' 'ruler, leader, king' and ''*hardu-'' 'strong, brave, hardy', and it therefore means 'st ...
and
Gayathrie and Jeppi Azhagar's ''Vaanam Partha Seemayile'' starring
Ashok and
Priyanka Nair, were sudden cancelled despite having audio releases. 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
Parthasarathy Srinivasan (born 7 November 1954), known professionally as Kamal Haasan, is an Indian actor, filmmaker and politician who predominantly works in Tamil cinema. Considered as one of the most accomplished actors of Indian Cinema, Haas ...
's bilingual period film, ''Marmayogi'', was also scrapped after Pyramid Saimira were unable to finance the venture.
In the year 2010, the management was struck by debts ranging to Rs.500 Crore and cases were filed on it by
SEBI
The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the administrative domain of Ministry of Finance within the Government of India. It was established on 12 April 1988 a ...
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.
Key Personalities
These are the people who are mainly responsible for Pyramid Saimira.
References
{{reflist
External links
Official WebsiteIMDB Profile
Film distributors of India
Film production companies based in Chennai
1997 establishments in Tamil Nadu
Indian companies established in 1997
Mass media companies established in 1997
Indian companies disestablished in 2010
Mass media companies disestablished in 2010