Pyramid Saimira to consider demerger on Aug 25, 2009

Pyramid Saimira Theatre Ltd has announced that a meeting of the Board of Directors of the Company will be held on August 25, 2009, to consider International offering of securities.

The Board will also consider de-merger of subsidiary Company. The stock was trading at Rs.23.40, up by Rs.1.10 or 4.93%. The stock hit an intraday high of Rs.23.40 and low of Rs.23.40.

The total traded quantity was 15332 compared to 2 week average of 55718.