M/s Panorama Studios International Limited and Ajay Devgn Ffilms LLP has been entered into an Agreement with Reliance Industries Ltd. through its media and entertainment division Jio Studios for producing a movie, which will be jointly produced by Panorama Studios International Limited, Ajay Devgn Ffilms LLP and Reliance Industries Ltd. through its media and entertainment division Jio Studios. The Film will be hambone by Superstar Actors Mr. Ajay Devgan and R Madhvan, the title of film is yet to be decided. The film is set to be released end of the fiscal year, the Company will further update the name of the film and final date of release to the Stock Exchange and Stakeholders accordingly.