Panorama Studios International Limited has executed a strategic distribution partnership with Cinépolis India for the Delhi & UP cinema circuit. The announcement is made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The collaboration represents a joint distribution arrangement where films exclusively acquired or distributed by either Cinépolis India or Panorama Studios will be jointly distributed in the Delhi & UP Circuit. The partnership aims to maximize theatrical reach and create greater value for producers, exhibitors, and moviegoers by combining Cinépolis India's extensive on-ground presence, strong exhibitor relationships, and regional audience insights with Panorama Studios' distribution expertise.

The partnership has already commenced with the distribution of two films: Dhamaal 4 (featuring Ajay Devgn, Riteish Deshmukh, Arshad Warsi and Jaaved Jaaferi) and Baby Do Die Do (starring Huma Qureshi, Chunky Panday and Sikandar Kher).

Upcoming releases under this partnership include:

  • Mahaprabhu Jagannath (animated mythological film) - releasing on 17th July 2026
  • Hanuman Ansh (Hindi spiritual film inspired by Shri Neeb Karori Baba) - releasing on 31st July 2026

Both companies are exploring opportunities to expand the collaboration into additional distribution territories as the partnership grows. The alliance reflects a shared vision of strengthening theatrical distribution through collaboration, operational excellence, and market expertise.

Management Commentary

Kumar Mangat Pathak, Chairman & Managing Director of Panorama Studios, stated: "We are delighted to partner with Cinépolis India for the Delhi & UP Circuit. Both organizations bring deep market understanding, strong industry relationships, and a shared commitment to theatrical cinema."

Devang Sampat, Managing Director of Cinépolis India, commented: "Our collaboration with Panorama Studios brings together two experienced organizations with a common vision of maximizing a film's theatrical potential."

Murlidhar Chhatwani, CEO-Distribution & Syndication of Panorama Studios, added: "This partnership is a strategic step towards creating a more efficient and impactful distribution model. We see this as the beginning of a long-term relationship."

The document was digitally signed by Yatin Vilas Chaphekar, Company Secretary of Panorama Studios International Limited, on 16/07/2026 at 13:02:08 +05:30.