Panorama Studios International Limited (PSIL) has announced a significant corporate action that will benefit its shareholders. The company has set December 5, 2025, as the record date for its upcoming bonus share issue, following approval from shareholders at an Extraordinary General Meeting (EGM) held on November 24, 2025.

Bonus Share Details

PSIL will issue bonus shares in the ratio of 5:2, meaning shareholders will receive five bonus shares for every two shares they currently hold. Here are the key details of the bonus issue:

Impact on Shareholders

This bonus issue represents a significant benefit for PSIL's shareholders, effectively increasing their shareholding without any additional cost. The move is often seen as a way to reward shareholders and potentially increase liquidity in the stock.

Timeline of Events

The company has provided a clear timeline for the implementation of the bonus issue:

1. EGM Approval: November 24, 2025
2. Record Date: December 5, 2025
3. Deemed Date of Allotment: December 9, 2025
4. Trading Availability: December 11, 2025 (T+2 from allotment)

Additional Information

The company has also appointed a trustee for the allotment of fractional shares, ensuring that all shareholders receive their due allocation. Panorama Studios International has stated that this information is available on the company's website ( www.panoramastudios.in ) and on www.ainvest.co.in for investor reference.

Shareholders of Panorama Studios International Limited should ensure their details are up to date with their respective depositories to avoid any issues with the bonus share credit. As always, investors are advised to consider their overall investment strategy and consult with financial advisors before making any investment decisions based on corporate actions.

Panorama Studios International Ltd (PSIL) held an extraordinary general meeting (EGM) on November 24, 2025, where shareholders approved three significant resolutions with overwhelming support. The meeting, conducted through video conferencing, saw participation from 43 members, including 5 promoters and 38 public shareholders.

Key Resolutions Passed

1. Increase in Authorized Share Capital: Shareholders approved an increase in the company's authorized share capital. This move aims to provide the company with greater flexibility for future growth and potential capital raising activities.

2. Bonus Issue Utilizing Free Reserves: The approval for a bonus issue, to be funded using the company's free reserves, was granted. This decision is expected to reward existing shareholders and potentially improve stock liquidity.

3. Alteration of Memorandum of Association (MOA): Shareholders gave their consent to alter the company's Memorandum of Association, likely to reflect the changes in authorized share capital and accommodate future business plans.

Voting Results

All three resolutions passed with an overwhelming majority:

Financial Context

To provide context for these corporate actions, let's look at some key financial metrics from PSIL's recent balance sheet (as of March 2025):

The company has shown significant growth in its balance sheet over the past year, with total assets increasing by 29.12% and shareholders' capital growing by 42.17%. This robust financial position likely contributed to the decision to issue bonus shares.

Implications for Investors

1. Capital Structure: The increase in authorized share capital suggests that PSIL may be preparing for future expansion or capital-intensive projects.

2. Shareholder Value: The bonus issue is typically viewed positively by investors as it increases their shareholding without additional cost, although the overall value of their investment remains the same.

3. Corporate Governance: The high approval rate for all resolutions indicates strong shareholder confidence in the company's management and strategic direction.

Investors should monitor how Panorama Studios International utilizes its expanded capital base and the impact of the bonus issue on the stock's market performance in the coming months.

Note: All financial figures are in Indian Rupees (₹) crore.