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Awaiting price reaction for this filing.
Panorama Studios International Ltd announced that its subsidiary, Panorama Studios Inflight LLP, has signed an Assignment Agreement with Pavithra International Movie Makers to exclusively exploit the Airborne (in-flight entertainment) Rights for the Kannada-language film 'Sanju Weds Geetha 2' across the entire world, including India. The film features actors Srinagar Kitty, Rachita Ram, Ragini Dwivedi, Rangayana Raghu, and Sadhu Kokila, and is directed by Nagashekar. No financial details of the deal have been disclosed. The disclosure is being made under Regulation 30 of SEBI Listing Regulations.
This is a routine content rights acquisition by the company's subsidiary and is unlikely to materially impact the stock price. Investors should note that the deal size has not been disclosed, so the financial significance remains unclear.