As per Attached outcome
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Panorama Studios International Ltd held a meeting on September 6, 2025, and approved several key items. A final dividend of Rs 0.20 per share (on face value of Rs 2) was recommended for FY 2024-25, subject to shareholder approval at the upcoming AGM. The Board approved raising the borrowing limit to Rs 1,250 Crore under Section 180(1)(C) and increased the limit for loans, guarantees, and investments to Rs 1,000 Crore under Section 186. Related party transaction limit was approved up to Rs 1,250 Crores, also subject to shareholder consent. The Board approved the Directors' Report, MDA, and Corporate Governance Report for FY 2024-25, and set the 45th AGM for September 30, 2025 via video conferencing, with book closure from September 24-30, 2025. Mr. Sanjeev Joshi (DIN: 01131895) was recommended for re-appointment as a director retiring by rotation.
The dividend of Rs 0.20 per share is modest (10% on face value), providing small income to shareholders. The significant increases in borrowing, investment, and related party transaction limits (up to Rs 1,250 Cr) signal potential future expansion or large transactions, which could be positive if growth-generating but also raise governance concerns. Shareholders should review the related party transaction limit carefully at the AGM.