Studio LSD Limited Enters Production Agreement for Television Show
Studio LSD Limited has executed a Production Agreement in the ordinary course of its business to develop a television show. The arrangement is for the production of a show tentatively titled 'O Humnava Tum Dena Saath Mera'.The agreement for this production venture was executed on April 06, 2026.
The parties involved in the agreement are JioStar India Private Limited and Studio LSD Limited, with the latter company being the Company. The agreement serves as a Commissioning Agreement for the described television show.
In terms of commercial understanding, the agreement stipulates that the production will occur on mutually agreed commercial terms. The consideration payable is linked to delivery milestones and episode-wise approvals, consistent with the terms set out in the agreement. The agreement is expected to involve the Company's contractual obligations and commitments as part of its normal business activities.
Studio LSD Limited confirmed that it holds no special rights, such as the right to appoint a director or the first right to share subscription, under the terms of the agreement. Furthermore, the parties executing the agreement are not related to the promoter or the promoter group in any manner. The transaction is also not classified as a related party transaction.
Studio LSD Limited also confirmed that the agreement does not entail any change in the management or control of the Company.
| Particulars | Details |
|---|---|
| Name of the parties | JioStar India Private Limited, Studio LSD Limited |
| Nature of agreement | Commissioning Agreement for production of a television show tentatively titled 'O Humnava Tum Dena Saath Mera' |
| Date of execution | April 06, 2026 |
| Special Rights Granted | None |
| Related Party Status | No |
The agreement is described as not being a material agreement and falling within the ordinary course of business.
STUDIOLSD Stock Price Movement
At the close of trade, shares of Studio LSD Limited slipped by 0.56% to finish the day at ₹8.8. The equity traded within a range of ₹8.7 to ₹9 today, backed by a volume of 40,000 shares.Source:
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