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Pyramid Saimira to dilute 40% in all 8 subsidiaries

As part of a restructuring plan, the Chennai-based Pyramid Saimira group, which produces films, has decided to dilute 40 per cent stake in all its eight subsidiary companies. It hopes to raise up to Rs 300 crore by doing so. It has begun with a 40 per cent dilution in Pyramid Saimira Productions International Ltd (PSPIL) to the Kolkata-based RDB Group. And is planning similar dilution in the oth

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