Movies

Pyramid Saimira partners RDB Group to produce films, TV shows

MUMBAI: Chennai-based Pyramid Saimira Group has announced that it has roped in Kolkata-based infrastructure major RDB Group as a strategic partner for its production company.


With RDB Group, which has presence in Eastern and Western India, Pyramid Saimira Productions International Ltd (PSPIL) will produce 28 films and 1785 hours of TV content for the fiscal year 2010-11, the company said in a filing to BSE.


The company, which has scaled down and consolidated its business operations due to liquidity crisis, is also in the process of restructuring its operations. As a part of the exercise, the group has decided to “focus on its constituent parts sector wise”.



Pyramid Saimira shares closed at Rs 26.50, up 4.95 per cent from its previous close.

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