Panorama Studios International has announced a significant business development through the execution of a Memorandum of Understanding for film distribution rights. The company has entered into an agreement with M/s Cult Digital NX and M/s Mango Curry Films Private Limited for the worldwide exploitation of theatrical and non-theatrical rights of a Marathi language film.

Film Rights Agreement Details

The MOU covers the comprehensive rights for the Marathi film titled 'Rakhtphal', which is directed by Sujay Dahake. The agreement encompasses both theatrical and non-theatrical rights for the entire world territory, providing Panorama Studios International Limited with extensive distribution opportunities across multiple platforms and geographical markets.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory filing indicates that the company considers this MOU to be a material event that could impact its business operations and financial performance.

Strategic Partnership

The collaboration involves two key partners alongside Panorama Studios International Limited. M/s Cult Digital NX and M/s Mango Curry Films Private Limited will work together in the exploitation of the film's rights across various distribution channels and territories. This partnership structure allows for leveraging the expertise and networks of multiple entities in the entertainment industry.

The worldwide rights acquisition demonstrates Panorama Studios International Limited's commitment to expanding its content portfolio in regional cinema, particularly in the Marathi film segment. The comprehensive nature of the rights, covering both theatrical releases and non-theatrical platforms, positions the company to maximize revenue potential across diverse distribution channels.

Panorama Studios International Limited has secured exclusive overseas theatrical distribution rights for the Malayalam film 'Unmadam' through a strategic partnership with Phars Filmco Motion Pictures Trading and Distribution Co. LLC. The announcement was made on January 28, 2026, under Regulation 30 of the SEBI Listing Regulations.

Distribution Agreement Details

The theatrical distribution agreement grants exclusive rights for overseas territory distribution of the Malayalam language film. The partnership positions Panorama Studios as the sole distributor for international markets, expanding the company's presence in regional cinema distribution.

Film Production Details

The film features a notable cast and crew from the Malayalam film industry. 'Unmadam' stars acclaimed actors Kunchacko Boban and Lijomol Jose in lead roles, with additional supporting cast members. The project is directed by Kirandas, adding to the film's creative credentials.

Key Cast and Crew:

• Lead Actors: Kunchacko Boban, Lijomol Jose
• Director: Kirandas
• Additional Cast: Others (as mentioned in the agreement)

Strategic Implications

This distribution agreement represents Panorama Studios International Limited's continued expansion in the Malayalam cinema segment for international markets. The exclusive nature of the overseas distribution rights provides the company with comprehensive control over the film's international theatrical release strategy.

The partnership with Phars Filmco Motion Pictures Trading and Distribution Co. LLC demonstrates Panorama Studios' commitment to diversifying its content portfolio across different regional languages and expanding its global distribution network.

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