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Awaiting price reaction for this filing.
Panorama Studios International Ltd has signed a licensing agreement with M/S. RSM FILMS (a proprietary concern of Ms. Rekha Shankar Mane) for the digital exploitation rights of two Hindi short films, 'EK UMEED' and 'BHAVIKA', on an exclusive basis for the entire world. The films feature actors like Rekha Shankar, Sayaji Shinde, and Naina Rane, and are directed by Pundalik Dhumal and Shankar Archana Bapu Dhulgude respectively. The disclosure was made under SEBI Listing Regulations. No financial details, deal value, or revenue impact of the agreement have been disclosed in the filing.
This is a routine content licensing announcement for two short films; without disclosed deal value or revenue impact, the material effect on the company's financials or stock price is unclear and likely immaterial.