Panorama Studios International Limited , a prominent player in the entertainment industry, has announced a significant development in its capital structure. The company's Preferential Allotment Committee has approved the conversion of warrants into equity shares, marking a notable change in its shareholding pattern.

Key Details of the Conversion

The Preferential Allotment Committee, in a meeting held on August 13, 2025, approved the conversion of 7,00,000 Equity Convertible Warrants into 35,00,000 equity shares. This conversion follows a specific ratio where each warrant of Rs. 10 face value is converted into 5 equity shares of Rs. 2 face value.

Financial Aspects

• Original Warrant Price: Rs. 274.00 per warrant (including a premium of Rs. 264.00)
• Conversion Price: Rs. 205.50 per warrant (75% of the issue price)
• Total Amount Received: Rs. 14,38,50,000

Allotment Details

Regulatory Compliance

The allotment of 35,00,000 equity shares, each with a face value of Rs. 2, has been completed on a preferential basis. This process adheres to Section 62 and other relevant provisions of the Companies Act, 2013. The company has also received in-principle approval from BSE Limited for this conversion.

Impact on Shareholding

This conversion of warrants into equity shares is expected to strengthen the promoter and promoter group's stake in the company. The newly issued shares will be on par with the existing equity shares of Panorama Studios International Limited.

Next Steps

The company has authorized its directors and company secretary to complete necessary formalities, including filing the Return of Allotment with the Registrar of Companies and admitting the new equity shares with NSDL/CDSL.

This strategic move by Panorama Studios International Limited reflects the company's efforts to optimize its capital structure and potentially strengthen its financial position in the competitive entertainment industry landscape.

Panorama Studios International Limited has announced a significant move into Marathi cinema, partnering with Dithee Production for a film inspired by the legendary Maratha warrior, Chhatrapati Shivaji Maharaj. The company, known for its diverse portfolio in the entertainment industry, is set to produce a Marathi-language motion picture tentatively titled "Swari Agra."

Production Agreement Details

Panorama Studios International has entered into a production agreement with Dithee Production, a proprietary firm owned by Digpal Sunil Lanjekar. The collaboration aims to bring to life a cinematic tribute to one of India's most revered historical figures, Chhatrapati Shivaji Maharaj.

Project Highlights

• Film Title: "Swari Agra" (tentative)
• Language: Marathi
• Director: Digpal Sunil Lanjekar
• Inspiration: Life and legacy of Chhatrapati Shivaji Maharaj

Corporate Disclosure

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Yatin Chaphekar, Company Secretary of Panorama Studios International Limited, officially communicated this development to the Bombay Stock Exchange.

Strategic Expansion

This venture marks Panorama Studios International's strategic expansion into the Marathi film industry, showcasing the company's commitment to diverse regional content. By choosing a subject of historical significance, the studio appears to be aiming for both cultural resonance and commercial appeal in the Marathi-speaking market.

Industry Implications

The production of "Swari Agra" could potentially strengthen Panorama Studios International's position in the regional film market. Historical dramas, especially those centered around iconic figures like Chhatrapati Shivaji Maharaj, often garner significant attention and can be critical and commercial successes.

As the project develops, industry observers will be keen to see how this venture impacts Panorama Studios International's market presence and financial performance in the coming quarters. The film's progress and eventual release will be closely watched by both the entertainment industry and investors alike.