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Awaiting price reaction for this filing.
Panorama Studios International has signed an exclusive theatrical distribution agreement with Phars Filmco Motion Pictures Trading and Distribution Co. LLC for overseas distribution rights of the Malayalam film 'Unmadam'. The film stars Kunchacko Boban and Lijomol Jose, and is directed by Kirandas. The agreement covers overseas territories beyond India. No financial terms or deal value have been disclosed in this announcement.
This expands the company's international distribution footprint for Malayalam content, which could contribute to overseas box office revenue. However, the absence of deal value and revenue guidance makes it difficult to assess the financial significance for shareholders at this stage.