Prime Focus Limited — QIP/Rights/Pref., 03-07-2025: Issue of Securities

Prime Focus has announced a board meeting to approve a preferential issue of up to 46.27 crore equity shares at INR 120 each, aiming to raise about INR 5,552 Cr. Around 43.01 crore shares will be allotted via share swap to acquire additional stake in its step-down subsidiary, DNEG S.a.r.l., while 3.25 crore shares will be issued for cash proceeds of approximately INR 390.5 Cr. Key investors include promoter group entity A2R Holdings and several new investors such as Novator Capital. Proceeds will partly fund consolidation of DNEG shareholding and strategic expansion. An EGM will seek shareholder approval.