Ajay Devgn to receive 25 lakh free shares: Multibagger stock in focus as Board announces 5:2 bonus shares
DSIJ Intelligence-1 / 16 Oct 2025/ Categories: Bonus and Spilt Shares, Multibaggers, Trending
The stock gave multibagger returns of 275 per cent in 2 years and a whopping 1,475 per cent in 5 years.
On Wednesday, shares of Panorama Studios International Ltd jumped 5.41 per cent to Rs 207.05 per share from its Intraday low of Rs 198.70 per share. The stock’s 52-week high is Rs 258.95 per share and its 52-week low is Rs 152 per share.
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Panorama Studios International Ltd.'s Board of Directors has approved a significant capital restructuring aimed at accommodating an increase in the company's Paid-up Share Capital. The key proposal involves a substantial hike in the Authorised Share Capital from the existing Rs 16 crore, divided into 8 crore equity shares of Rs 2 each, to Rs 60 crore, comprising 30 crore equity shares of Rs 2 each. This move is foundational to the company's subsequent action, which is the recommendation for a bonus Share Issue. This bonus issue is proposed in the ratio of 5:2, meaning five new fully paid-up equity shares of Rs 2 each will be issued for every two existing fully paid-up equity shares held by eligible shareholders.
This 5:2 bonus issue will result in the issuance and allotment of 18,60,96,875 new equity shares of Rs 2 each. The company plans to fund this issue by capitalising its free reserves, which include the Securities Premium Account and/or General Reserve, subject to approval by shareholders at the forthcoming Extra-Ordinary General Meeting (EGM). The implications of this ratio are clearly seen in the case of a Bollywood Actor, Ajay Devgn: an individual initially holding 10 lakh (1,000,000) shares will receive 25 lakh (2,500,000) bonus shares (1,000,000 × {5/2}), bringing their total post-bonus holding to 35 lakh (3,500,000) shares. The Record Date, which determines the eligibility of shareholders for the bonus shares, will be announced at a later date.
About the Company
Incorporated in 1980, Panorama Studios International Ltd is a major player in the Indian media and entertainment industry. This diversified film studio focuses on the production and distribution of media entertainment and content. Throughout its history, Panorama Studios has garnered commercial success and critical acclaim for films like Omkara, Special 26, Drishyam and Singham.
The company has a market cap of over Rs 1,400 crore with a 3-year stock price CAGR of 110 per cent. The stock gave multibagger returns of 275 per cent in 2 years and a whopping 1,475 per cent in 5 years. The shares of the company have an ROE of 39 per cent and an ROCE of 46 per cent. A Bollywood actor, Ajay Devgn, holds a 1.41 per cent stake in the company as of September 2025.
Disclaimer: The article is for informational purposes only and not investment advice.