Prime Focus Limited's Board of Directors held a meeting on January 27, 2026, to authorize Key Managerial Personnel (KMP) for regulatory disclosure responsibilities under SEBI regulations. The decision enables designated executives to determine the materiality of events and information while ensuring timely disclosures to stock exchanges.

Board Authorization Details

The board granted authority to three Key Managerial Personnel under Regulation 30(5) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. This authorization streamlines the company's compliance processes by empowering specific executives to make critical regulatory decisions.

Contact Information and Communication

The authorized Key Managerial Personnel can be reached at the company's registered address at Prime Focus House, Linking Road, Khar West, Mumbai 400052. The company has established dedicated communication channels for investor relations and regulatory matters.

Regulatory Compliance Framework

This authorization ensures Prime Focus Limited maintains robust compliance with SEBI's listing regulations. The designated KMPs will be responsible for evaluating the significance of corporate events and information, determining their materiality, and ensuring appropriate disclosures to both NSE and BSE. The company secretary, Ms. Parina Shah, digitally signed the disclosure document on January 27, 2026, confirming the board's decision and its immediate implementation.

Prime Focus Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showcasing a remarkable turnaround in operational performance. The media and entertainment technology company demonstrated strong growth across both standalone and consolidated operations, marking a significant recovery from the previous year's challenges.

Consolidated Financial Performance

The company's consolidated operations delivered impressive results for Q3FY26, with substantial improvements across all major financial metrics:

The nine-month consolidated performance further reinforced the company's strong trajectory, with revenue from operations reaching ₹3,211.85 crores compared to ₹2,570.67 crores in the corresponding period of the previous year. Net profit for the nine-month period stood at ₹183.72 crores, a significant improvement from the loss of ₹206.67 crores reported in the same period last year.

Standalone Results Show Recovery

Prime Focus Limited's standalone operations also demonstrated positive momentum during the quarter:

The standalone results showed a return to profitability in Q3FY26 with a net profit of ₹0.12 crores, compared to a loss of ₹12.16 crores in the same quarter of the previous year.

Operational Highlights and Corporate Developments

During the reporting period, the company made several strategic moves to strengthen its operational framework. Prime Focus allotted 4,90,999 equity shares in Q3FY26 and 1,33,34,999 equity shares during the nine-month period through employee stock option exercises, reflecting confidence in the company's growth prospects.

Key operational metrics for consolidated business:

• Employee benefits expense: ₹630.43 crores (Q3FY26)
• Finance costs: ₹132.89 crores (Q3FY26)
• Depreciation and amortisation: ₹167.17 crores (Q3FY26)

Impact of New Labour Codes

The implementation of India's New Labour Codes effective November 21, 2025, resulted in additional provisions for employee benefits. The company recognized an exceptional charge of ₹18.52 crores in the consolidated results and ₹0.18 crores in standalone results to account for past service costs under the new regulatory framework.

Share Capital and Equity Structure

The company's paid-up equity share capital increased to ₹77.60 crores as of December 31, 2025, compared to ₹30.00 crores in the corresponding period of the previous year, reflecting the impact of share allotments during the period. The face value of each equity share remains at Re. 1.

Board Meeting and Regulatory Compliance

The Board of Directors meeting was held on January 27, 2026, where the unaudited financial results were considered and approved as recommended by the Audit Committee. The results have been subject to limited review by the company's statutory auditors, M/s. MSKA & Associates LLP, who expressed an unmodified conclusion on both standalone and consolidated financial statements.