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Promoter Naresh Malhotra has released encumbrances on a total of 42,756,867 shares of Prime Focus Limited. This includes 25,571,757 shares previously encumbered in favor of Itiame Ltd and 17,185,110 shares encumbered in favor of Bresino Projects Ltd. Both agreements with Itiame Ltd and Bresino Projects Ltd, dated March 31, 2025, were mutually terminated on May 28, 2025, leading to the release of the encumbrances. This reduces the risk of pledged shares for investors.