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Management change

Panorama Studios International Independent Director Rekha Agarwal resigns

Panorama Studios International (BSE: PANORAMA) said Rekha Agarwal, Independent Director, has resigned. The company is valued at about ₹1,566 crore.

BCEIE News Desk · Published 13 Nov 2026, 08:29 pm IST · Filing received 13 Nov 2026, 08:12 pm IST

What happened

Panorama Studios International (BSE: PANORAMA) informed the stock exchanges on 13 November 2026 at 08:12 PM that Rekha Agarwal, Independent Director, has resigned.

From the filing: "Rekha Agarwal (DIN: 09178194 ) vide letter dated 13/11/2026 received on official mail id of the company, has tendered his resignation as an Independent Director of the Company, immediate effect, as of the close of business hours on 13.11.2026 ."

Company snapshot

Panorama Studios International is a small-cap company, with a market value of about ₹1,566 crore.

The stock last traded at ₹60.09, against a 52-week range of ₹40–₹69.5 (13.5% below the high).

Before this filing the shares had moved −0.5% over the month. Average daily turnover over the last 20 sessions was about ₹2.59 crore.

Promoters held 66.61% at the end of Q1 FY27; 26.55% of promoter shares were pledged. Foreign institutions owned 0.29% and domestic institutions 0.11%.

Quarterly results (standalone, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q1 FY261346.80.96
Q2 FY26763.20.44
Q3 FY26270.80.03
Q4 FY266111.20.43
Q1 FY2718014.60.56

What history shows

This is not the company's first management change disclosure: BCEIE has 1 earlier filing of this kind on record since May 2026.

Market-wide, 4,556 management change filings with an impact score of 50 or more saw an average next-day move of −0.0%, with 46% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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