Panorama Studios International, a film production company, is £2 trillion investments from famous Bollywood actor Ajay Devgn.
Known for blockbusters like Singham Franchasees, Devgn purchased 1 Lakh shares in SmallCap Company by participating in the preferred issuance of shares.
Panorama Studios International recently announced a priority issue of Rs 100,000 crore shares and a warrant of Rs 1541 crore for promoters and non-promoters.
Ajay Devgn was among nine investors who invested the total £Signs of 24.66 preferred share allocation, according to regulatory filings. devgn invested £2.74 crore of 1 lark shares of the company £274 per share, a sudden discount to Saturday’s closing price £948.40 per share of BSE.
At 10:05am, Panorama Studio’s stock was trading 2.28% higher £970.00 on BSE, each market capitalization is £1,200 crores.
Panorama’s stock price has so far exceeded 176% in 2024 and exceeded 255% in three months. Small-Cap stock gave Multibagger Return to over 884% in one year.
Devgn has worked with Panorama on productions such as “Dil Toh Baccha Hai Ji”, “Raid” and “Drishyam”.
Last week, Panorama Studios announced the execution of production contracts with the humble film FZCO and the Reliance industry through the media and entertainment divisions of three Punjabi films (JIO Studio). The titles of these films are “Carry on Jettiye”, “Ardaas 3” and “Manje Bistre 3.”
Previously, it was reported that Panorama Studios was partnering with Gulfstream Pictures and Jot Films to remake the Hollywood franchise.
According to the report, Panorama Studios Chairman and MD Kumar Mangat Pathak said the mission is to produce Drishyam in 10 countries over the next three to five years.
