Panorama Studios International Limited has announced a significant move in the entertainment sector through its subsidiary, Panorama Studios Inflight LLP. The company has executed three separate Content License Agreements for exclusive worldwide airborne rights to Kannada language films, expanding its portfolio in the regional cinema market.

Deal Details

The agreements cover three Kannada films, each with its unique cast and director:

Scope of Rights

All three agreements grant Panorama Studios Inflight LLP exclusive airborne rights for the entire world, including India. This move allows the company to exploit these rights across various in-flight entertainment platforms globally.

Strategic Implications

This strategic acquisition of airborne rights for multiple Kannada films suggests Panorama Studios' intent to strengthen its position in the in-flight entertainment sector, particularly with regional content. By securing these exclusive rights, the company is poised to offer diverse content options to airlines and potentially increase its revenue streams from the growing in-flight entertainment market.

Regulatory Compliance

The company has made these announcements in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This adherence to regulatory requirements underscores Panorama Studios International Limited's commitment to transparency in its business operations.

As the entertainment industry continues to evolve, with a growing emphasis on regional content and diverse distribution channels, Panorama Studios' latest move could be seen as a strategic step to capitalize on these trends. Investors and market watchers may want to keep an eye on how this expansion into Kannada cinema rights for in-flight entertainment impacts the company's performance in the coming quarters.

Panorama Studios International Limited , a prominent player in the entertainment industry, has unveiled significant corporate actions aimed at rewarding shareholders and strengthening its capital structure.

Board Approves Bonus Issue and Share Capital Increase

The Board of Directors of Panorama Studios International Limited, in a meeting held on October 15, 2025, approved two major proposals:

1. A bonus share issue in the ratio of 5:2
2. An increase in the company's Authorised Share Capital from ₹16.00 crores to ₹60.00 crores

Bonus Issue Details

The company has recommended a bonus share issue where shareholders will receive 5 new fully paid-up equity shares of ₹2 each for every 2 existing shares held. This move is expected to reward the company's shareholders and potentially improve stock liquidity.

Key details of the bonus issue are as follows:

Impact on Share Capital

The bonus issue will have a significant impact on the company's share capital structure:

Funding the Bonus Issue

To implement the bonus issue, the company will capitalize ₹37,21,93,750.00 from its free reserves. As of March 31, 2025, Panorama Studios International has:

• Securities Premium: ₹46,66,20,750.00
• Retained Earnings: ₹1,24,20,43,916.00

These reserves provide ample room for the proposed capitalization.

Increase in Authorised Share Capital

The Board has also approved an increase in the Authorised Share Capital from ₹16.00 crores to ₹60.00 crores. This expansion will accommodate the increase in paid-up share capital resulting from the bonus issue.

Next Steps

Both the bonus issue and the increase in Authorised Share Capital are subject to shareholder approval at an upcoming Extra-Ordinary General Meeting (EGM). The company expects to credit the bonus shares to eligible shareholders within 60 days from the board meeting date, which would be by December 14, 2025.

Investors should note that the Record Date for determining eligibility for the bonus shares will be announced in due course.

These corporate actions reflect Panorama Studios International's commitment to creating value for its shareholders while preparing for future growth opportunities in the dynamic entertainment industry.