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Awaiting price reaction for this filing.
Panorama Studios International has signed an agreement with Dithee Production (a proprietary concern of Mr. Digpal Sunil Lanjekar) to distribute and exploit the Theatrical and Non-Theatrical Rights worldwide (including India) for an upcoming Marathi film tentatively titled 'Abhang Tukaram.' The film stars Yogesh Soman, Smita Shevale, Mrinal Kulkarni, Ajay Purkar, and Sameer Dharmadhikari, with music by Avdhoot Gandhi and directed by Mr. Digpal Lanjekar. No financial details such as deal value, investment amount, or revenue impact have been disclosed. The announcement is made under SEBI Listing Regulations (Reg. 30).
This is a routine business update for the company — a new film rights acquisition that fits within its core movie production and distribution business. Since no deal size or financial impact is mentioned, the announcement is unlikely to materially move the stock price.