Description

Panorama Studios International Limited confirms bonus shares will be credited by December 8, 2025 (T+1) and available for trading from December 9, 2025 (T+2). Total bonus shares: 18,60,96,875.

Summary

Panorama Studios International Limited (Scrip Code: 539469) has submitted an undertaking to BSE confirming the timeline for crediting bonus shares to eligible shareholders. The company will credit 18,60,96,875 bonus shares to the depository system by 12:00 PM on December 8, 2025 (T+1 day after the record date), and the shares will be available for trading from the beginning of December 9, 2025 (T+2 day).

Key Points

  • Total bonus shares to be issued: 18,60,96,875 shares
  • ISIN: INE258R01028
  • Scrip Code: 539469
  • Distinctive number range: 7,44,38,751 to 26,05,35,625
  • Deemed date of allotment: December 8, 2025
  • Bonus shares will be credited by 12:00 PM on December 8, 2025 (T+1)
  • Trading will commence from December 9, 2025 (T+2)
  • Company Secretary: Yatin Vilas Chaphekar (Mem No. 72316)

Regulatory Changes

No regulatory changes. This is a standard corporate action notification.

Compliance Requirements

  • Company must ensure bonus shares are credited to depository system by 12:00 PM on T+1 day (December 8, 2025)
  • Company must ensure shares are available for trading from BOD on T+2 day (December 9, 2025)
  • All necessary actions must be taken to facilitate smooth and timely credit to eligible shareholders’ accounts

Important Dates

  • December 8, 2025: Deemed date of allotment; bonus shares credit deadline (by 12:00 PM)
  • December 9, 2025: Effective listing date; bonus shares available for trading from beginning of day

Impact Assessment

This bonus issue significantly increases the outstanding share capital of Panorama Studios International Limited with 18.6 crore additional shares. The action improves liquidity and makes shares more affordable for retail investors. Existing shareholders will receive bonus shares in proportion to their holdings as of the record date. The two-day timeline (T+1 for credit, T+2 for trading) follows standard market practices and ensures smooth transition without trading disruptions.

Impact Justification

Standard bonus issue notification affecting existing shareholders of Panorama Studios. Significant equity dilution with 18.6 crore bonus shares but follows routine corporate action procedures.