Prime Focus Limited — Others, 02-06-2025: Disclosure under SEBI Takeover Regulations

A2R Holdings has announced a board meeting to consider acquiring 2.42 crore shares (8.07% stake) of Prime Focus Limited from promoter Naresh Malhotra through a block deal at market prices. This move will raise A2R Holdings’ holding from 45.33% to 53.40%, while Naresh Malhotra’s stake will decrease to 11.49%. The total promoter group’s shareholding stays the same, reflecting internal consolidation. The acquisition price will not exceed 25% above the 60-day volume weighted average price. This strengthens A2R’s control without changing overall promoter ownership.