Prime Focus Limited — Others, 03-07-2025: Amendment to AOA/MOA

Prime Focus Limited has announced a board meeting to approve a preferential issue of up to 46.27 crore equity shares at INR 120 each, aggregating to INR 5552 Cr. This includes a share swap to acquire additional shares in its step-down subsidiary, DNEG S.a.r.l., Luxembourg, increasing its stake to 88.28%. The allotment involves 16 investors, including promoter A2R Holdings and several non-promoters. The company also approved related party transactions between a subsidiary and promoter entities, enhanced investment and loan limits, and will convene an EGM for shareholder approval. Key minority investor rights, including a director appointment right, are proposed, subject to shareholder consent.