Panorama Studios International Limited , a prominent player in the Indian entertainment industry, has announced significant corporate actions that underscore its growth strategy and financial position.

Warrant Conversion and Capital Raise

The company has successfully converted 7,00,000 equity convertible warrants into 35,00,000 equity shares, resulting in a capital infusion of Rs. 14.39 crores. This conversion was executed at a price of Rs. 205.50 per warrant, representing the remaining 75% of the issue price. The newly issued shares have a face value of Rs. 2 each.

Key details of the warrant conversion:

The conversion was carried out by promoters including Managing Director Kumar Mangat Pathak, Mrs. Neelam Kumar Mangat Pathak (Promoter Group), and Director Abhishek Pathak.

Financial Results

Panorama Studios also approved its unaudited financial results for the quarter ended 30th September 2025. The Board of Directors convened a meeting that began on 14th November 2025 and concluded on 15th November 2025 to deliberate on these results.

Fund Utilization

The company has confirmed that there has been no deviation or variation in the use of proceeds from the preferential issue. The funds raised are intended to meet various business requirements, including:

• Funding business growth and capital expenditure
• Expansion plans and investments in subsidiaries
• Exploring new initiatives and potential acquisitions
• Working capital requirements
• Other general corporate purposes

Corporate Governance

In line with regulatory requirements, Panorama Studios has submitted the necessary disclosures regarding related party transactions and the statement of deviation or variation in fund utilization to the stock exchange.

The company's actions reflect its commitment to transparency and compliance with SEBI regulations, while also indicating its focus on strategic growth and financial prudence.

Panorama Studios International Limited has announced a significant move in expanding its content portfolio, particularly in the regional cinema space. The company's subsidiary, Panorama Studios Inflight LLP, has executed an Assignment Agreement with Howzatt Productions Limited for exclusive global airborne rights of the Punjabi film 'Jahankilla'.

Deal Highlights

• Agreement Type: Assignment Agreement
• Rights Acquired: Exclusive airborne rights
• Geographical Scope: Global, including India
• Film: 'Jahankilla' (Punjabi language)

Film Details

This strategic move by Panorama Studios Inflight LLP, a subsidiary of Panorama Studios International Limited, signifies the company's intent to strengthen its position in the regional entertainment market. The acquisition of exclusive airborne rights for 'Jahankilla' allows the company to exploit these rights across global markets, potentially opening up new revenue streams and expanding its content reach.

The Punjabi film industry, known for its vibrant and culturally rich content, has been gaining significant traction in recent years. This acquisition by Panorama Studios could be seen as a calculated step to tap into the growing popularity of Punjabi cinema, not just within India but also in international markets with significant Punjabi-speaking populations.

For investors and market watchers, this development indicates Panorama Studios International's strategic focus on diversifying its content portfolio and exploring new avenues for content distribution. The move into exclusive airborne rights for regional cinema could potentially impact the company's revenue streams and market positioning in the entertainment sector.

As the entertainment industry continues to evolve with changing viewer preferences and distribution channels, companies like Panorama Studios International are adapting their strategies to stay competitive. The success of this venture will likely depend on the film's reception and the company's ability to monetize these exclusive rights effectively across various platforms and markets.

Stakeholders will be keen to observe how this acquisition translates into tangible benefits for Panorama Studios International Limited in the coming quarters, and whether it signals a broader shift in the company's content acquisition and distribution strategy.