Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Panorama Studios International Ltd's subsidiary, Panorama Music Private Limited, has secured worldwide music distribution rights for the upcoming Bollywood film 'Jolly LLB 3' from Jiostar India Pvt Ltd (formerly Star India Pvt Ltd). The film is the third instalment in the well-received Jolly LLB franchise and stars Akshay Kumar, Arshad Warsi, Amrita Rao, and Saurabh Shukla, directed by Subhash Kapoor. The announcement was made under SEBI Regulation 30 disclosure requirements on 18 August 2025. No financial details such as deal value, revenue share, or contract duration have been disclosed in the filing. The Jolly LLB series has a strong commercial track record, which could translate into meaningful music royalty and distribution revenue for the subsidiary.
A new revenue stream for the subsidiary ahead of a likely high-visibility film release; positive sentiment for the stock, though the lack of disclosed financial terms limits the ability to size the earnings impact.