Prime Focus Limited has completed the divestment of its entire equity shareholding in Brahma AI India Technologies Private Limited to DNEG S.a.r.l., Luxembourg, with the transfer taking effect from December 10, 2025. The company informed the stock exchanges about the completion of this strategic transaction through a regulatory filing.

Transaction Details

The divestment was executed in accordance with the Share Sale and Purchase Agreement dated October 27, 2025, between the parties involved. The transaction represents a complete transfer of Prime Focus's shareholding in the subsidiary to its material subsidiary DNEG S.a.r.l.

About Brahma AI India Technologies

Brahma AI India Technologies Private Limited, formerly known as DNEG Creative Private Limited, was an indirect subsidiary of Prime Focus Limited. The entity has now been transferred to DNEG S.a.r.l., which is identified as a material subsidiary of Prime Focus.

Regulatory Compliance

The company has disclosed this transaction under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. Prime Focus had initially announced this divestment plan in its disclosure dated February 10, 2025.

Corporate Structure Impact

With this divestment, Brahma AI India Technologies is no longer part of Prime Focus's direct subsidiary structure, having been transferred to DNEG S.a.r.l. The transaction represents a reorganization within the Prime Focus group structure, moving the entity from direct to indirect control through its material subsidiary DNEG.

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.