Announced Tue, 11 Nov · 14:09 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neelam Kumarmangat Pathak

Promoter Stake BuyOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Neelam Kumarmangat Pathak, a member of the promoter/promoter group of Panorama Studios International Ltd, disclosed the acquisition of 10,00,000 equity shares (1.34% of total share capital) through the conversion of equity convertible warrants into equity shares on 7th November 2025. The shares were allotted via preferential allotment. As a result, the company's paid-up equity capital increased from Rs 14.19 crore (70,938,750 shares) to Rs 14.89 crore (74,438,750 shares) of Rs 2 each. Prior to this acquisition, the promoter held no shares directly in the company.

Likely market impact

This is a positive signal showing promoter group confidence in the company, as the promoter increased their stake by exercising warrants. The dilution to existing shareholders is minor (1.34%), and promoter commitment through warrant conversion generally signals long-term belief in the business.