Shanti theatre has been one of the famous theatres in Chennai for more than five decades. Veteran actor Sivaji Ganesan bought the theatre in 1962.

Thooya Ullam was the first movie to be released and the theatre was renovated in 2005. In the recent times, many theatres in Chennai have been demolished and rebuilt as commercial complexes.

Shanti theatre is also going the same way. 4 mini theatres are expected to be built in the new commercial complex.

The theatre is synonyms with Sivaji Ganesan's movies and they have many references about the actor and his movies in the theatre itself. The actor's sons Prabhu and Ramkumar have now decided to colloborate with Akshaya Builders to demolish the theatre and rebuild it as a commercial complex.