New Launch21 Mar 2026, 04:01 pm
Panorama Studios International Ltd to Incorporate a Wholly Owned Subsidiary in UAE
AI Summary
Panorama Studios International Ltd announced at its meeting held on 21st March, 2026, the approval for the incorporation of a Wholly Owned Subsidiary (WOS) in the United Arab Emirates (UAE). The new subsidiary will undertake activities such as acquisition, development, adaptation, dubbing, remake, licensing and commercialization of Indian blockbuster movies in languages other than Indian and English, global distribution and commercialization of such content through various channels worldwide, acquisition, transfer and/or licensing of intellectual property rights, and acting as the international content development and global distribution arm of the Company.
Key Highlights
- Incorporation of a Wholly Owned Subsidiary (WOS) in UAE
- Subsidiary to undertake acquisition, development, adaptation, dubbing, remake, licensing and commercialization of Indian blockbuster movies in languages other than Indian and English
- Global distribution and commercialization of such content through various channels worldwide
- Subsidiary to act as the international content development and global distribution arm of the Company
- Expected completion within 6 months, subject to regulatory approvals and compliances