Prime Focus Limited — QIP/Rights/Pref., 14-11-2024: Rights Issue

Prime Focus Limited has announced a board meeting to discuss a rights issue to eligible equity shareholders, aiming to raise up to ₹4,000 crore at an issue price of ₹90 per share. The meeting will also review the unaudited financial results for the quarter and half-year ending September 30, 2024, highlighting a loss before tax of ₹939.00 lakh for the quarter and a net loss of ₹684.88 lakh. Additionally, the firm appointed M/s. M S K A & Associates as statutory auditors for its material subsidiaries after the resignation of Deloitte Haskins & Sells.