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Awaiting price reaction for this filing.
Panorama Studios has announced a long-term strategic distribution partnership with Century Films, a veteran Malayalam production house led by MC Phillip (popularly known as Century Kochumon), for releasing all its Malayalam films. The partnership kicks off with Anomie on 30th January 2026, followed by Tikitaka starring Asif Ali, Production No. 3 featuring Kunchacko Boban, and other upcoming projects. Century Films brings nearly five decades of industry experience, strong grassroots presence in Kerala, and deep ties with exhibitors and distributors. Panorama already has Drishyam 3 lined up for release on 2nd October 2026 as part of its expanding slate.
Positive development for shareholders as the tie-up strengthens Panorama's reach in the South Indian market and supports its Malayalam film pipeline, though the immediate financial impact is likely modest. This is a strategic growth move rather than a material corporate event, so significant stock price movement is unlikely on the news alone.