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India's Panorama Studios falls after income tax officials visit premises

By Reuters News04:41 (UTC), 29 September 2026 Updated

** Shares of film production and distribution co Panorama Studios International PANM.NS drop 7.05% to 55.07 rupees

** Co said after market hours on Monday that officers from the income tax department's investigation wing were present at its premises

** Says officers arrived on Monday morning; co is currently unable to confirm subject matter or status of investigation

** Panorama says it will provide further clarification once proceedings are completed or when more information becomes available

** Stock up 12.1% since listing on August 17

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