Pyramid Saimira Productions IPO
Pyramid Saimira Productions IPO
Pyramid Saimira Theatre Ltd has informed that the Board of Directors of the Company at its meeting held on November 10, 2007, has considered and unanimously approved the following:
1. Increasing the Authorised Capital to Rs 50 Crores from the present Authorised Capital of Rs 33 Crores and also to make necessary amendments in the Memorandum and Articles of Association of the Company.
(a) Business plan of M/s. Pyramid Saimira Productions Ltd, the subsidiary of the Company, in the context of their proposal to make an Initial Public Offering shortly.
(b) Various draft financial closure details of M/s. Pyramid Saimira Entertainment Ltd, Singapore, the subsidiary of the Company.
The Board also approved the acquisition of a Company engaged in Media Space.
