Description

Undertaking for credit of bonus shares by December 8, 2025 (T+1) and availability for trading from December 9, 2025 (T+2) for scrip code 539469.

Summary

Panorama Studios International Limited (Scrip Code: 539469) has submitted an undertaking to BSE confirming the timeline for crediting bonus shares to eligible shareholders and making them available for trading. The company will credit 18,60,96,875 bonus shares (ISIN: INE258R01028) to the depository system by December 8, 2025, with trading commencing on December 9, 2025.

Key Points

  • Total bonus shares to be issued: 18,60,96,875 shares
  • ISIN for bonus shares: INE258R01028
  • Distinctive numbers: 7,44,38,751 to 26,05,35,625
  • Credit to depository system by 12:00 PM on T+1 day (December 8, 2025)
  • Bonus shares available for trading from BOD on T+2 day (December 9, 2025)
  • Company Secretary: Yatin Vilas Chaphekar (Mem No. 72316)

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Company must complete credit of bonus shares in depository system by 12:00 PM on December 8, 2025
  • Company must ensure bonus shares are available for trading from beginning of day on December 9, 2025
  • All necessary actions must be taken to facilitate smooth and timely credit to eligible shareholders’ accounts

Important Dates

  • Record Date: December 5, 2025 (implied T day)
  • Deemed Date of Allotment: December 8, 2025
  • Credit Completion Deadline: December 8, 2025 by 12:00 PM (T+1)
  • Effective Listing Date: December 9, 2025
  • Trading Commencement: December 9, 2025 BOD (T+2)

Impact Assessment

Market Impact: Existing shareholders of Panorama Studios International Limited will receive bonus shares in their demat accounts, increasing the total issued share capital. The bonus issue will enhance liquidity and improve affordability of shares for retail investors.

Operational Impact: The depository participants and clearing systems must process the corporate action to credit bonus shares to eligible shareholders by the specified deadline. Trading members should be prepared for the additional shares to be available for trading from December 9, 2025.

Impact Justification

Corporate action affecting existing shareholders with defined timeline for bonus share credit and trading availability