Panorama Studios International Limited , a prominent player in the entertainment industry, has unveiled significant corporate actions aimed at rewarding shareholders and strengthening its capital structure.

Board Approves Bonus Issue and Share Capital Increase

The Board of Directors of Panorama Studios International Limited, in a meeting held on October 15, 2025, approved two major proposals:

1. A bonus share issue in the ratio of 5:2
2. An increase in the company's Authorised Share Capital from ₹16.00 crores to ₹60.00 crores

Bonus Issue Details

The company has recommended a bonus share issue where shareholders will receive 5 new fully paid-up equity shares of ₹2 each for every 2 existing shares held. This move is expected to reward the company's shareholders and potentially improve stock liquidity.

Key details of the bonus issue are as follows:

Impact on Share Capital

The bonus issue will have a significant impact on the company's share capital structure:

Funding the Bonus Issue

To implement the bonus issue, the company will capitalize ₹37,21,93,750.00 from its free reserves. As of March 31, 2025, Panorama Studios International has:

• Securities Premium: ₹46,66,20,750.00
• Retained Earnings: ₹1,24,20,43,916.00

These reserves provide ample room for the proposed capitalization.

Increase in Authorised Share Capital

The Board has also approved an increase in the Authorised Share Capital from ₹16.00 crores to ₹60.00 crores. This expansion will accommodate the increase in paid-up share capital resulting from the bonus issue.

Next Steps

Both the bonus issue and the increase in Authorised Share Capital are subject to shareholder approval at an upcoming Extra-Ordinary General Meeting (EGM). The company expects to credit the bonus shares to eligible shareholders within 60 days from the board meeting date, which would be by December 14, 2025.

Investors should note that the Record Date for determining eligibility for the bonus shares will be announced in due course.

These corporate actions reflect Panorama Studios International's commitment to creating value for its shareholders while preparing for future growth opportunities in the dynamic entertainment industry.

Panorama Studios International Limited (PSIL) has announced a significant deal in the entertainment industry, potentially impacting its market position and revenue streams. The company's subsidiary, Panorama Studios Inflight LLP, has entered into an exclusive airborne rights agreement with Red Chillies Entertainment Private Limited, a major player in Bollywood.

Deal Highlights

• Agreement Type: Airborne Rights Agreement
• Scope: Exclusive worldwide (including India) exploitation of airborne rights
• Number of Films: 39 Hindi-language films
• Notable Titles: Zero, Happy New Year, Chennai Express, Om Shanti Om, Swades, Main Hoon Na, Dear Zindagi, Chalte Chalte, Dil Se, among others

Significance of the Deal

This agreement marks a strategic move for Panorama Studios, potentially expanding its presence in the in-flight entertainment sector. The deal encompasses a diverse portfolio of films, including several blockbusters and critically acclaimed titles from Red Chillies Entertainment's catalog.

Implications for Investors

While the financial terms of the agreement have not been disclosed, this deal could have several implications for PSIL:

1. Revenue Diversification: The agreement may open up new revenue streams for Panorama Studios in the airborne entertainment market.
2. Market Expansion: It could strengthen the company's position in the global entertainment distribution landscape.
3. Content Portfolio Enhancement: Access to high-profile Bollywood titles may increase the attractiveness of Panorama's offerings to airlines and other potential clients.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that all stakeholders are informed about significant business developments.

Investors and market watchers will likely keep a close eye on how this deal impacts Panorama Studios International Limited's financial performance and market position in the coming quarters.