Panorama Studios Submits Delay Explanation for IT Search Disclosure

Background Event

The original disclosure filed on 06 October 2026 at 04:06:10 PM under Regulation 30 of SEBI (LODR) Regulations, 2015 pertained to a search conducted by the Officers of the Investigation Wing of the Income Tax Department. The search occurred at the registered office of the Company and at the premises of certain Promoters and Key Management Personnel.

Reason for Delay Explanation

The Company states that the delay in filing the original disclosure was inadvertent. The Company required reasonable time to ascertain, verify and internally confirm the relevant facts and details pertaining to the proceedings before making an accurate and complete disclosure to the Stock Exchange.

Timeline of Disclosure

The Company filed the disclosure on 06 October 2026, which was the earliest possible opportunity upon confirmation of the requisite details.

Regulatory Compliance Assurance

The Company has taken due note of the observations of the Exchange and shall exercise utmost care to ensure timely compliance with the disclosure requirements under Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015 and applicable SEBI circulars.

Financial Impact

Financial impact not quantified in the disclosure.