The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kumar Mangat Pathak
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Kumar Mangat Pathak, a promoter of Panorama Studios International Ltd, bought 10,000 equity shares in the open market on 11 December 2025. His holding went from 9,18,73,774 shares (35.26%) to 9,18,83,774 shares (35.27%), a marginal rise of just 0.003%. The disclosure was filed under SEBI's takeover regulations, which require promoters to report any acquisition beyond the last-disclosed level. The transaction is tiny relative to the company's paid-up capital of about Rs 52.11 crore (26.05 crore shares of Rs 2 each).
This is a very small, routine top-up by the promoter and is unlikely to move the stock price. It signals continued promoter confidence in the company but does not change control, ownership structure, or voting power in any meaningful way for shareholders.