Panorama Studios International Limited has announced a significant content acquisition through its subsidiary, marking an expansion into airborne entertainment distribution. The company disclosed the development through a regulatory filing under SEBI Listing Regulations on February 19, 2026.

Assignment Agreement Details

Panorama Studios Inflight LLP, a subsidiary of Panorama Studios International Limited, has executed an assignment agreement with two production companies to secure exclusive airborne rights for the cinematographic film "Like Aani Subscribe." The agreement provides worldwide distribution rights, including India, positioning the company to capitalize on the growing in-flight entertainment market.

Strategic Content Acquisition

The film features prominent actors Amey Wagh and Amruta Khanvilkar in leading roles, with direction by Abhishek Merukar. This acquisition demonstrates Panorama Studios International's strategic focus on diversifying its content portfolio and expanding into specialized distribution channels. The exclusive nature of the airborne rights provides the company with a unique positioning in the aviation entertainment sector.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Yatin Chaphekar signed the regulatory disclosure, ensuring compliance with stock exchange requirements. The company trades on the Bombay Stock Exchange under script code 539469 with the identifier PANORAMA.

This content acquisition reflects Panorama Studios International's continued efforts to strengthen its entertainment content library and explore new distribution avenues in the evolving media landscape.

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Panorama Studios International Limited announced the completion of its Board of Directors meeting held on February 14, 2026, where key financial and regulatory matters were addressed. The meeting took place at the company's registered office located at Unit No. 2202, 2203, 2204, Signature, Suresh Sawant Road, Off Veera Desai Road, Andheri (West), Mumbai.

Financial Results Approval

The board approved several critical financial documents for the reporting period:

Regulatory Compliance and Policy Reviews

The board conducted comprehensive reviews to ensure regulatory adherence. Under Regulation 46(1) of the SEBI LODR Regulations, the board reviewed website contents to verify that all statutory information and disclosures are properly displayed, updated, and compliant with applicable regulations.

The company undertook extensive policy and code reviews covering multiple areas:

Governance and Director-Related Policies

• Familiarization Program for Independent Directors
• General Terms & Conditions of Appointment of Independent Directors
• Code of Conduct for Board of Directors & Senior Management Personnel
• Criteria for Making Payment to Non-Executive Directors
• Nomination & Remuneration Policy

Corporate and Compliance Policies

• Policy for Determining Material Subsidiaries
• Related Party Transaction Policy
• Insider Trading Policy
• Policy for determining materiality of Events
• Policy on Archival of Documents
• Risk Management Policy
• Whistle Blower Policy
• Policy on Sexual Harassment
• CSR Policy
• Dividend Policy

Auditor Review and Subsidiary Structure

SIGMAC&CO, Chartered Accountants (Firm Registration No. 116351W), conducted the independent auditor's review for both standalone and consolidated financial results. Partner Rahul Sarda (ICAI Membership No. 135501) signed off on the review reports dated February 14, 2026.

The consolidated results encompass the following entities:

Meeting Details and Compliance

The board meeting commenced at 4:00 PM and concluded at 6:00 PM on February 14, 2026. Company Secretary & Compliance Officer Yatin Chaphekar (ACS 72316) signed the regulatory filing, confirming that all reviewed policies and codes comply with applicable laws and are properly hosted on the company's website.

The auditors confirmed that nothing came to their attention suggesting the financial statements contain material misstatements or fail to meet disclosure requirements under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.