Panorama Studios International Limited has formally responded to BSE's clarification request regarding the delayed submission of its financial results for the quarter ended September 30, 2025. The company submitted its explanation on December 10, 2025, addressing concerns raised by the exchange about non-compliance with regulatory timelines.

Board Meeting Extension Details

The company explained that its Board Meeting, originally scheduled for November 14, 2025, required extension to November 15, 2025. The delay occurred due to ongoing deliberations on several critical matters that demanded comprehensive discussion and clarification before finalizing the quarterly financial statements.

Regulatory Compliance Acknowledgment

Panorama Studios acknowledged the importance of adhering to timelines established under Regulation 33(3) of the SEBI (LODR) Regulations. The company expressed sincere apologies for the delay and emphasized that the Board remains fully committed to complying with all regulatory requirements. Management noted that the company had also submitted necessary disclosures under Regulation 30 of SEBI (LODR) on November 14, 2025.

Management's Commitment to Transparency

The company's leadership stressed their dedication to maintaining transparency and effective communication with the exchange. In their response, management assured BSE that appropriate steps have been implemented to prevent any recurrence of such delays in future financial reporting cycles.

Key commitments outlined by the company include:

• Maintaining transparency in all communications
• Ensuring timely compliance with regulatory requirements
• Implementing preventive measures for future submissions
• Continuing effective dialogue with exchange authorities

Company Response and Future Measures

Panorama Studios requested BSE to consider their explanation and treat the matter as resolved. The company emphasized that the extended deliberation time was necessary given the significance of the quarterly results and the need for thorough review of all relevant aspects before finalization.

The formal response was signed by Company Secretary Yatin Vilas Chaphekar and submitted through proper digital channels. The company reiterated its commitment to regulatory compliance and expressed gratitude for BSE's understanding and cooperation in the matter.

Panorama Studios International Limited (PSIL) has announced a significant move in the entertainment industry through its subsidiary, Panorama Studios Inflight LLP. The company has executed an assignment agreement with Pavithra International Movie Makers, securing exclusive worldwide airborne rights for the Kannada language film 'Sanju Weds Geetha 2'.

Key Details of the Agreement

Star Cast

The film boasts a talented ensemble cast, including:

• Srinagar Kitty
• Rachita Ram
• Ragini Dwivedi
• Rangayana Raghu
• Sadhu Kokila

This strategic move by Panorama Studios International Limited showcases the company's commitment to expanding its presence in the in-flight entertainment sector. By acquiring the airborne rights for 'Sanju Weds Geetha 2', PSIL is positioning itself to capitalize on the growing demand for diverse content in air travel entertainment.

The agreement allows Panorama Studios Inflight LLP to exploit the airborne rights of the film exclusively, potentially opening up new revenue streams and enhancing the company's portfolio in the entertainment industry.

This development aligns with the broader trend in the media and entertainment sector, where companies are increasingly looking to secure rights across various platforms and geographies to maximize content value and reach a wider audience.

For investors and industry observers, this move by Panorama Studios International Limited indicates the company's proactive approach to content acquisition and its strategy to diversify its entertainment offerings across different mediums and languages.