Panorama Studios International Limited has announced a strategic content acquisition through its subsidiary, securing exclusive worldwide airborne rights for the Telugu film "Arjun Chakravarthy". The company disclosed this development under regulatory compliance requirements.

Assignment Agreement Details

Panorama Studios Inflight LLP, a subsidiary of Panorama Studios International Limited, has executed an assignment agreement with Gannet Celluloid to exploit airborne rights for the Telugu film titled "Arjun Chakravarthy." The agreement provides exclusive rights covering the entire world, including India.

Film Production Details

The original Telugu language film features a diverse cast ensemble and experienced direction. The production brings together established and emerging talent in the Telugu film industry.

Cast and Crew

The film stars several notable actors in key roles:

• Vijaya Rama Raju
• Sijaa Rose
• Dayanand Reddy
• Ajay Ghosh
• Ajay
• Durgesh Lankapally
• Harsh Roshan

The project is directed by Vikrant Rudras.

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 framework requires listed companies to disclose material events and information that could impact investor decisions.

The company communicated this development to the Bombay Stock Exchange Limited, where Panorama Studios International Limited trades under scrip code 539469. Company Secretary Yatin Chaphekar signed the official disclosure document on behalf of the organization.

Strategic Implications

This assignment agreement represents Panorama Studios International's focus on content acquisition and distribution rights management. The exclusive worldwide airborne rights provide the company with comprehensive distribution control for the film across global markets.

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.