Regulation 30 read with Schedule III, Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('SEBI LODR Regulations') and other applicable provisions, we ....
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Panorama Studios International Ltd's Board, at its meeting on March 21, 2026, approved setting up a 100% Wholly Owned Subsidiary (WOS) in the United Arab Emirates, subject to regulatory approvals. The new entity will act as the company's international content development and global distribution arm, focusing on acquiring, adapting, dubbing, remaking, licensing, and distributing Indian blockbuster films in international languages such as Spanish, Korean, and Mandarin. Distribution will cover theatrical, OTT, satellite, and digital streaming channels worldwide. Initial capital subscription will be up to AED 1,00,000 in cash, with incorporation expected within 6 months. Managing Director Kumar Mangat Pathak has been authorized to finalize and execute all related steps.
This signals a strategic international expansion move by Panorama Studios to tap global markets for its Indian film content. While the initial investment size is small, the move could open new revenue streams from international distribution and IP monetization, which is a positive long-term signal for shareholders.