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Awaiting price reaction for this filing.
Panorama Studios International Ltd has acquired the Hindi-language adaptation rights for the under-production Malayalam film 'Drishyam-3' from Aashirvad Cinemas and director Jeethu Joseph. The deal grants Panorama the right to produce and distribute the Hindi version across all world territories. The original Malayalam film stars Mohanlal and Meena and is the latest chapter in the popular 'Drishyam' franchise, which has previously been remade in multiple languages. No financial details of the deal have been disclosed.
Positive sentiment as the move expands Panorama's content pipeline with a high-potential franchise in a market where Hindi remakes of hit Malayalam films have historically performed well. Investors may see this as a content-acquisition milestone, though lack of deal value limits immediate financial visibility.