Panorama Studios International Limited has made a significant move in the film distribution sector by acquiring the worldwide theatrical rights for the Punjabi-language feature film 'Lut Mubarak'. This strategic acquisition marks an expansion of Panorama's footprint in the regional film market and strengthens its position in global theatrical distribution.

Acquisition Details

The company has executed a Memorandum of Understanding (MoU) with Gur Fateh Film Studio, granting Panorama Studios the license for worldwide theatrical distribution rights of 'Lut Mubarak'. This agreement allows Panorama to distribute the film across global theatrical markets, potentially opening up new revenue streams and audience bases for the company.

About 'Lut Mubarak'

'Lut Mubarak' is an original Punjabi-language feature film directed by Amrit Raaj Chadhhaa. The movie boasts a star-studded cast including:

• Harish Verma
• Kanika Mann
• Hardip Gill
• Sukhwinder Chahal
• Sumit Gulati
• Ashok Pathak

The inclusion of popular Punjabi actors suggests that the film has the potential to attract a wide audience, both domestically and in international markets with significant Punjabi-speaking populations.

Strategic Implications

This acquisition aligns with Panorama Studios' strategy to diversify its content portfolio and expand its reach in the regional film industry. By securing the worldwide theatrical rights for 'Lut Mubarak', Panorama is poised to tap into the growing market for Punjabi cinema, which has been gaining popularity not only in India but also in countries with large Punjabi diaspora communities.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Panorama Studios International Limited has duly informed the Bombay Stock Exchange about this development. The company's prompt disclosure underscores its commitment to transparency and adherence to regulatory standards.

Conclusion

The acquisition of 'Lut Mubarak's worldwide theatrical rights represents a strategic move for Panorama Studios International Limited. As the company continues to expand its distribution portfolio, investors and industry observers will be keen to see how this acquisition contributes to Panorama's growth and market position in the competitive film distribution landscape.

Panorama Studios International Limited , a prominent player in the entertainment industry, has announced several key decisions following its Board of Directors meeting held on September 6, 2025. The company has recommended a final dividend and set the date for its Annual General Meeting (AGM), among other significant resolutions.

Dividend Announcement

The Board of Directors has recommended a final dividend of Rs 0.20 per share for the financial year ended March 31, 2025. This dividend, which is subject to shareholder approval at the upcoming AGM, will be paid within 30 days of the meeting if approved.

Annual General Meeting

Panorama Studios International has scheduled its 45th AGM for September 30, 2025. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), in line with current corporate practices. The company has also announced a book closure period from September 24 to September 30, 2025 (both days inclusive) for the purpose of the AGM.

Board Reappointment

The Board has approved the re-appointment of Mr. Sanjeev Joshi (DIN: 01131895) as a Director. Mr. Joshi, who is retiring by rotation, has offered himself for re-appointment, subject to shareholder approval at the AGM.

Financial Limits and Approvals

Several key financial limits were approved by the Board, pending shareholder consent:

1. Related Party Transactions: Up to Rs 1,250.00 crores
2. Borrowing Powers: Up to Rs 1,250.00 crores under Section 180(1)(C) of the Companies Act, 2013
3. Loan/Guarantee/Investment Limits: Up to Rs 1,000.00 crores under Section 186 of the Companies Act, 2013

Corporate Governance

The Board has adopted the Directors' Report, Management Discussion and Analysis, and Corporate Governance Report for the financial year 2024-25. Additionally, various audit reports and certificates, including the Secretarial Audit Report issued by M/s. Nitesh Chaudhary & Associates, have been taken on record.

Conclusion

The board meeting, which commenced at 3:00 PM and concluded at 5:00 PM, covered a wide range of corporate actions that will shape Panorama Studios International's operations in the coming year. Shareholders and investors will be keenly watching the upcoming AGM, where these decisions will be put to vote.

The company's focus on corporate governance, evidenced by the timely disclosures and adherence to regulatory requirements, underscores its commitment to transparency and shareholder interests.