Prime Focus Limited , a prominent player in the Indian media and entertainment industry, has achieved a significant milestone in its capital raising efforts. The company has successfully secured trading approval from both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) for 46,26,68,572 equity shares issued on a preferential basis.

Key Details of the Preferential Issue

The preferential issue was made to both promoter and non-promoter categories, signaling a balanced approach to the company's fundraising strategy.

Regulatory Compliance and Approvals

Prime Focus Limited has meticulously followed the regulatory pathway for this preferential issue:

1. Received in-principle approval from NSE and BSE on September 12, 2025
2. Obtained listing approval from both exchanges on November 04, 2025
3. Secured final trading approval on November 19, 2025

These approvals underscore the company's commitment to regulatory compliance and transparency in its capital raising activities.

Lock-in Details

The preferential issue comes with specific lock-in periods for different tranches of shares:

This structured lock-in arrangement aims to balance the interests of new investors while maintaining stability in the company's shareholding pattern.

Implications for Investors

The successful completion of this preferential issue and the subsequent trading approval mark a positive development for Prime Focus Limited. It strengthens the company's capital base and may enhance its ability to pursue growth opportunities in the dynamic media and entertainment sector.

Investors and market participants should note that these newly issued shares will be available for trading on both BSE and NSE from November 20, 2025. This addition to the company's equity base may impact various financial metrics and should be factored into any investment decisions related to Prime Focus Limited.

As the media and entertainment industry continues to evolve, Prime Focus Limited's strategic capital raise through this preferential issue positions the company to potentially capitalize on emerging opportunities and strengthen its market presence.

Prime Focus Limited , a global integrated media services powerhouse, has reported a standalone net loss of Rs 183.72 lakhs for the quarter ended September 30, according to its latest financial results. This marks a significant improvement from the loss of Rs 584.88 lakhs in the previous quarter. The company's revenue from operations stood at Rs 710.20 lakhs for the quarter.

Financial Performance

On a consolidated basis, Prime Focus posted a net profit of Rs 408.71 lakhs for the quarter. The company's consolidated revenue from operations reached Rs 104,289.32 lakhs, showing a substantial increase from the previous quarter's Rs 90,768.14 lakhs.

Leadership Changes

The Board of Directors approved significant leadership changes during the quarter:

• Mr. Nishant Avinash Fadia resigned as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP) due to other professional commitments.
• Mr. Vikas Rathee was appointed as the new CFO, bringing over 25 years of experience in corporate finance and investment banking.
• Mr. Merzin Darayus Tavaria stepped down as Non-Executive Director.
• Ms. Shalini Govil Pai, currently Vice President and General Manager of TV Platforms at Google LLC, was appointed as Additional Non-Executive Independent Director for a term of five years.
• Mr. Nishant Avinash Fadia was appointed as an Additional Non-Executive Director, transitioning from his role as CFO.

Preferential Issue and Share Allotment

Prime Focus completed a significant preferential issue during the quarter:

• The company issued 46.26 crore equity shares at Rs 120 per share, raising Rs 5,552.03 crores.
• Of the total consideration, Rs 390.52 crores was received in cash, with the balance settled through a share exchange with a subsidiary.
• The allotment was carried out in two tranches on September 17 and September 23.
• The cash proceeds have been invested in liquid mutual funds.

Stock Options Exercise

During the quarter, Prime Focus allotted 28.94 lakh fully paid-up equity shares of face value Rs 1 each, pursuant to the exercise of stock options under the PFL ESOP Scheme-2014.

Outlook

While the company faces challenges reflected in its standalone loss, the consolidated profit and increased revenue indicate potential for growth. The leadership changes and capital infusion through the preferential issue may position Prime Focus to navigate the evolving landscape of the media services industry.

Investors and stakeholders will likely watch closely how these strategic moves translate into financial performance in the coming quarters, especially given the company's global presence and the dynamic nature of the media and entertainment sector.