Description
35,00,000 equity shares of Panorama Studios International Limited issued on preferential basis to promoters pursuant to warrant conversion are listed and permitted to trade with effect from November 18, 2025.
Summary
BSE has announced the listing of 35,00,000 new equity shares of Panorama Studios International Limited (Scrip Code: 539469) issued to promoters on a preferential basis pursuant to warrant conversion. The shares will be available for trading from November 18, 2025, and are subject to lock-in until June 29, 2027.
Key Points
- 35,00,000 equity shares of Rs. 2/- each issued at a premium of Rs. 52.80/-
- Issued to promoters on preferential basis pursuant to conversion of warrants
- Shares ranking pari-passu with existing equity shares
- Distribution Numbers: 70938751 to 74438750
- Issue Price: Rs. 54.80/- per share
- ISIN: INE258R01028
- Scrip Code: 539469
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members are informed of the new securities listing
- All 35,00,000 shares are subject to lock-in restrictions until June 29, 2027
Important Dates
- Date of Allotment: August 13, 2025
- Trading Commencement Date: November 18, 2025
- Lock-in Period Ends: June 29, 2027
Impact Assessment
This is a routine preferential allotment to promoters following warrant conversion. The shares are subject to mandatory lock-in until June 29, 2027, preventing immediate trading by the allottees. The listing increases the company’s total paid-up capital but has minimal immediate market impact due to the lock-in provisions. The shares rank pari-passu with existing equity shares, maintaining equal rights for all shareholders.
Impact Justification
Routine preferential allotment to promoters with standard lock-in requirements. Limited market impact as shares are locked until 2027.