Prime Focus Limited — JV/Acquisition, 01-04-2026: Acquisition

Prime Focus Limited (PFL) is executing an internal group restructuring to streamline operations. Its subsidiary, Brahma AI Services India, is transferring its 100% stake in PFT US, an AI-powered content management firm, to group entity DNEG S.a.r.l. for ~USD 21 million. PFT US had INR 90.49 Cr turnover in FY25. Separately, DNEG is transferring its 100% stake in Brahma AI Services India to Brahma AI Holdings Limited for ~USD 90.09 million. Brahma AI India reported INR 380.23 Cr turnover and INR 178.11 Cr net worth in FY25. All entities remain PFL's step-down subsidiaries, ensuring continuity and an optimized structure.