Panorama Studios International Limited (PSIL) has announced a move to optimize its fund management strategy. The company's Board of Directors has approved a proposal to amend its Memorandum of Association (MOA), aiming to broaden its investment capabilities and potentially boost revenue streams.

Key Highlights of the Proposed Amendment

• Objective: To allow investment of additional available and short-term free funds in various financial instruments.
• Instruments: Securities, liquid funds, and mutual funds.
• Approval Process: Requires shareholder approval through a Special Resolution at an upcoming Extraordinary General Meeting (EOGM).

Details of the Proposed Change

The Board has proposed adding a new clause to the MOA under the "Objects incidental or ancillary business" section. The proposed addition states:

"To make investments of the additional available funds or short-term free funds of the Company in all kinds of securities of companies, liquid funds, and mutual funds, subject to compliance with applicable laws and regulations, to optimize the utilization of idle funds and generate additional revenue."

Rationale and Expected Benefits

Timeline and Approval Process

The company secretary has been authorized to issue an addendum to the EOGM notice, providing shareholders with detailed information about the proposed MOA alteration.

Implications for Investors

This move by Panorama Studios International Limited signals a proactive approach to financial management. By seeking to invest idle funds, the company aims to potentially enhance its revenue streams without significantly altering its core business operations. However, investors should note that the success of this strategy will depend on market conditions and the company's investment decisions.

As the proposal moves forward for shareholder approval, investors and stakeholders will have the opportunity to assess the potential impact of this change on the company's financial strategy and overall performance.

The market's reaction to this announcement may reflect investor sentiment towards the company's proposed financial management approach.

Panorama Studios International Limited (PSIL) has made a significant move in the entertainment industry by securing exclusive worldwide non-theatrical rights for the upcoming Hindi film 'Chidiya'. The company announced on November 3, 2025, that it has executed a Content License Agreement with Smiley Films LLP for this purpose.

Film Details

'Chidiya', directed by Mehran Amrohi, boasts a cast including Svar Kamble, Ayush Pathak, and Vinay Pathak, among others. This acquisition allows PSIL to exploit the non-theatrical rights of the film on an exclusive basis for the entire world, including India.

Scope of the Agreement

The Content License Agreement covers a wide range of non-theatrical distribution channels. While specific details of the agreement were not disclosed, such rights typically include:

• Digital streaming platforms
• Video-on-demand services
• Airlines and other transportation entertainment systems
• Educational institutions
• Hotels and other hospitality venues

This comprehensive deal positions Panorama Studios International to maximize the film's reach beyond traditional theatrical releases.

Strategic Implications

This agreement aligns with PSIL's strategy to expand its content portfolio and strengthen its position in the non-theatrical distribution space. By securing worldwide rights, the company can potentially tap into both domestic and international markets, leveraging various distribution channels to maximize the film's revenue potential.

Market Impact

While the financial terms of the deal were not revealed, such agreements typically represent a significant investment and may impact a company's near-term financials. Investors and market analysts will likely be watching closely to see how this acquisition affects PSIL's performance in the coming quarters.

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, underscoring the deal's importance to the company's stakeholders.

As the entertainment industry continues to evolve, with non-theatrical platforms gaining increasing importance, deals like this one demonstrate how companies like Panorama Studios International are adapting their strategies to capitalize on changing market dynamics.

Shareholders and industry observers will be keen to see how PSIL leverages these newly acquired rights to drive growth and enhance its market position in the competitive world of content distribution.