Pyramid Saimira files prospectus with SEBI
02 Aug 2006
Chennai:
Pyramid Saimira Theatre Limited (PSTL) has filed prospectus
with Securities and Exchange Board of India (SEBI) for
issue of equity shares on 100 per cent book building method
for an amount aggregating to Rs84.44 crore. This issue
is to part finance the first phase expansion of company's
mega digital theatre chain project, which will take the
total theatrical presence of the company to 355 screens.
Currently, PSTL is India's largest theatre chain company
with over 100
theatres in operation. The pre-issue share capital of
the company is Rs19.82 crore. The share premium account
of the company stands at Rs10.08 crore.
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