Prime Focus shareholders approved a ₹3,000 crore fundraising plan at the company's 29th Annual General Meeting, alongside resolutions on capital increase and related party transactions. The meeting was held on September 30, 2026, via video conferencing.

Key resolutions passed at the 29th AGM

The AGM saw shareholders vote in favour of a set of significant corporate actions. The approvals covered three broad areas: a major fundraising initiative, an increase in the company's capital base, and the ratification of related party deals. All resolutions were passed with requisite majority.

Fundraising and capital structure

The ₹3,000 crore fundraising resolution marks one of the more material decisions endorsed by shareholders at the meeting. The capital increase resolution signals a planned expansion of Prime Focus's equity or debt capital structure, as sanctioned by its shareholders. The fundraising may be undertaken through issuance of equity shares, debt securities, non-convertible securities, or other equity-linked instruments.

Related party transactions

Shareholders also approved related party transactions at the 29th AGM. Such approvals are a standard governance requirement under Indian corporate regulations, ensuring that dealings between the company and related entities receive shareholder sanction. Specific approvals included material RPTs involving DNEG S.a.r.l., Brahma AI Holdings Limited, and Double Negative Limited.

Voting participation details

The voting process was conducted through remote e-voting and electronic voting at the meeting. Out of 27,840 shareholders on the cut-off date, votes were cast on all 17 agenda items. The promoter group held 471,532,908 shares, while public institutions held 31,619,393 shares and public non-institutions held 275,621,579 shares.

Note: For RPTs where promoters were interested, their votes were not counted in the total valid votes for those specific resolutions.

Prime Focus Limited has filed its investor presentation for the one-to-one meetings with institutional investors scheduled in Mumbai from September 29 to October 1, 2026. The presentation details the company’s FY26 financial performance and strategic developments, including the recent $150 million fundraise for its subsidiary Brahma AI.

The engagement is conducted under Regulation 30 of the SEBI Listing Regulations. Company representatives will use these sessions to discuss business updates with key stakeholders, ensuring no unpublished price-sensitive information is shared.

Financial Highlights and Growth

The presentation reveals that Prime Focus reported ₹4,676 crore in total revenue from operations for FY26, marking a 30% year-on-year increase. EBITDA stood at ₹1,423 crore, with margins expanding to 30.4%, driven by operating leverage and cost efficiencies. The company’s net profit for FY26 was ₹301 crore, compared to a loss in the previous fiscal year.

Key operational metrics include:

• Revenue Mix: Approximately 94% of revenue is generated outside India, with Canada (39%), Australia (26%), and the UK (25%) being primary contributors.
• Global Footprint: The company operates across 24 locations globally with over 10,200 employees, of which roughly 75% are based in India.
• Order Book: As of June 30, 2026, the contracted and confirmed orderbook stood at over $600 million.

Strategic Developments: Brahma AI Valuation

A significant highlight is the strategic investment in Brahma AI, the company’s AI-native enterprise content platform. On September 23, 2026, funds managed by Multiples Alternate Asset Management led a $150 million investment round at a post-money valuation of $2 billion. Upon completion, Double Negative Holdings Ltd will retain a 65.67% economic interest in Brahma AI, while PFL’s voting interest will adjust to enable independent growth for the subsidiary.

Brahma AI holds 19 patents and manages over 90 million assets. The platform focuses on digital humans, voice AI, and media asset management, targeting sectors beyond entertainment, including sports, healthcare, and advertising.

Meeting Schedule and Compliance

The one-to-one meetings are strictly scheduled for direct dialogue between management and institutional participants. The company confirmed that the presentation is available on its website and stock exchange platforms. No unpublished price-sensitive information was contained in the filing, ensuring compliance with market integrity norms.

The intimation was signed by Parina Shah, Company Secretary and Compliance Officer.