Description

Listing of 35,00,000 equity shares of PANORAMA STUDIOS INTERNATIONAL LIMITED issued to promoters on preferential basis pursuant to conversion of warrants, effective November 18, 2025.

Summary

BSE has announced the listing of 35,00,000 new equity shares of PANORAMA STUDIOS INTERNATIONAL LIMITED (Scrip Code: 539469) effective from Tuesday, November 18, 2025. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 54.80 per share (face value Rs. 2 plus premium of Rs. 52.80). The shares are subject to lock-in until June 29, 2027.

Key Points

  • 35,00,000 equity shares of Rs. 2/- each issued at premium of Rs. 52.80 per share
  • Issue price: Rs. 54.80 per share
  • Issued to promoters on preferential basis pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares
  • Distinctive Numbers: 70938751 to 74438750
  • Date of allotment: August 13, 2025
  • ISIN: INE258R01028
  • Complete lock-in of all 35,00,000 shares until June 29, 2027
  • Trading commences: November 18, 2025

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

Trading members must note:

  • The new securities are listed and permitted for trading from November 18, 2025
  • All 35,00,000 shares are under lock-in until June 29, 2027
  • Shares rank pari-passu with existing equity shares of the company

Important Dates

  • Allotment Date: August 13, 2025
  • Trading Commencement: November 18, 2025
  • Lock-in Expiry: June 29, 2027

Impact Assessment

This is a routine listing notice with minimal market impact. The preferential allotment to promoters represents warrant conversion, and the extended lock-in period until June 29, 2027 ensures that these shares will not be available for trading in the near term. The shares rank pari-passu with existing equity shares, maintaining uniform shareholder rights. Market participants should be aware of the locked-in status when assessing available float.

Impact Justification

Routine listing notice for preferential allotment to promoters with standard lock-in period; limited market impact