Prime Focus , a prominent player in the media and entertainment services industry, has achieved a significant milestone in its capital raising efforts. The company has received in-principle approval from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) for a substantial preferential issue of equity shares.

Approval Details

The approval covers the issuance of 46,26,68,572 equity shares, each with a face value of Re. 1. This massive equity infusion is targeted at both promoter and non-promoter categories, signaling a comprehensive approach to the company's capital structure enhancement.

Breakdown of the Preferential Issue

The preferential issue comprises two distinct components:

1. Share Swap: 430,124,822 equity shares at a minimum price of Rs. 120.00 per share, to be issued to promoters and non-promoters.
2. Additional Issue: 32,543,750 equity shares at a minimum price of Rs. 120.00 per share, exclusively for non-promoters.

Regulatory Compliance and Conditions

Both the BSE and NSE have laid out specific conditions for Prime Focus to adhere to:

• Strict compliance with regulatory requirements, including those set by SEBI, RBI, and MCA.
• Obtaining all necessary statutory approvals.
• Strengthening internal controls to monitor trading activities of allottees.
• Filing listing applications within the stipulated timeframes.

Timeline and Exchange Approvals

• BSE granted its approval on September 11.
• NSE followed suit with its approval on September 12.

Management's Statement

Parina Shah, Company Secretary & Compliance Officer of Prime Focus, confirmed the receipt of in-principle approvals in an official communication to the stock exchanges. The company expressed its commitment to fulfilling all regulatory requirements and conditions set forth by the exchanges.

Implications and Outlook

This substantial equity issuance, if successfully completed, could significantly bolster Prime Focus's financial position. The preferential allotment at Rs. 120.00 per share, well above the face value of Re. 1, indicates a positive valuation of the company's prospects.

Investors and market watchers will be keenly observing how Prime Focus utilizes this potential capital infusion and its impact on the company's growth trajectory in the competitive media and entertainment services sector.

As the process unfolds, Prime Focus will need to navigate carefully through the regulatory landscape, ensuring full compliance with all conditions to successfully list these new shares and leverage this capital for its strategic initiatives.

Prime Focus Limited , a company listed on both the BSE Limited and the National Stock Exchange of India Limited, has seen a significant reduction in stake by Augusta Investments I Pte. Ltd. and its associated entities. The group of Singapore-based investment companies sold a substantial portion of their shareholding through open market transactions on September 8, 2025.

Transaction Details

The selling group, comprising Augusta Investments I Pte. Ltd., Marina IV (Singapore) Pte. Ltd., Marina Horizon (Singapore) Pte. Ltd., and Augusta Investments Zero Pte. Ltd., disposed of 12 million shares. This represents 3.87% of Prime Focus Limited's voting capital, reducing their combined shareholding from 15.17% to 11.30%.

Breakdown of the Sale

The sale was executed by different entities within the group as follows:

Post-Transaction Shareholding

After the transaction, the group's shareholding in Prime Focus Limited stands as follows:

Impact and Implications

This significant reduction in stake by the Augusta Investments group may have implications for the ownership structure of Prime Focus Limited. The company's total equity share capital remains unchanged at 309,936,976 shares of INR 1 each.

About the Entities

All entities involved in this transaction are Singapore-based investment companies acting in concert. Ivo Philipps serves as the director and authorized signatory for all four entities, indicating a coordinated investment strategy.

Regulatory Compliance

The disclosure of this transaction was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires prompt disclosure of significant changes in shareholding to ensure market transparency.