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Awaiting price reaction for this filing.
Panorama Studios Inflight LLP, a subsidiary of Panorama Studios International, has signed a Deal Memo with Super Cassettes Industries Private Limited to exclusively exploit Airborne (inflight) Rights for three Hindi films: 'Raid 2', 'Metro In Dino', and 'The Diplomat'. The rights cover the entire world excluding Mainland China, Hong Kong, and Macau. Notable stars across the three films include Ajay Devgn, John Abraham, Anupam Kher, and Pankaj Tripathi. No financial terms, deal value, or duration have been disclosed in the announcement.
This is a content licensing deal for inflight entertainment rights, which is a niche revenue stream rather than a core theatrical release. Without disclosed deal values or revenue contribution, the immediate financial impact on shareholders is unclear and likely to be modest.