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Panorama Studios International Ltd has submitted to BSE the newspaper clipping announcing the record date for its bonus issue, as required under SEBI LODR Regulation 47. The Board of Directors, at its meeting held on November 24, 2025, had approved the issuance of bonus shares in the ratio of 5:2 (i.e., 5 bonus equity shares for every 2 existing shares held). The face value of the equity shares is Rs. 2/- each. The record date has been fixed as December 5, 2025, and shareholders whose names appear in the company's register on that date will be entitled to the bonus shares. The bonus shares are expected to be allotted and credited within two months from the date of the Board's approval.
Shareholders holding shares as of the record date (December 5, 2025) will receive 5 bonus shares for every 2 shares held, effectively increasing their shareholding by 2.5x at no extra cost. While the share count expands, which may dilute per-share metrics, bonus issues are generally viewed positively as a signal of management confidence in the company's growth.