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Awaiting price reaction for this filing.
Panorama Studios International Ltd informed the exchanges that its subsidiary, Panorama Studios Inflight LLP, has signed an Assignment Agreement with Gannet Celluloid. The deal grants Gannet Celluloid the exclusive Airborne Rights (inflight entertainment rights) for the Telugu film 'Arjun Chakravarthy' across the entire world, including India. The film is directed by Vikrant Rudras and features actors including Vijaya Rama Raju, Sijaa Rose, and Dayanand Reddy among others. The filing was made under Regulation 30 of SEBI Listing Regulations. No financial terms, deal value, or revenue expectations have been disclosed in the announcement.
This is a routine content licensing deal for inflight entertainment rights through the company's subsidiary. Since no financial value or revenue contribution was disclosed, the immediate impact on shareholders or stock price is likely minimal and limited to expanding the group's content monetisation footprint.