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Prime Focus Limited ( (IN:PFOCUS) ) just unveiled an update.
Prime Focus Limited announced the outcome of its board meeting held on July 3, 2025, where several significant decisions were made. The board approved the issuance of over 46 million equity shares, including a swap for shares of its subsidiary DNEG S.a.r.l, to certain allottees on a preferential basis. Additionally, the board approved alterations to the company’s articles of association to grant special rights to one of the proposed allottees, and authorized material related party transactions involving its subsidiary PF World Limited. The board also decided to enhance investment limits and convene an Extraordinary General Meeting on July 26, 2025, to seek shareholder approval for these resolutions. These strategic moves are likely to impact the company’s financial structure and stakeholder relationships significantly.
More about Prime Focus Limited
Prime Focus Limited operates in the media and entertainment industry, providing creative and technical services to film, broadcast, and advertising industries. The company is known for its visual effects, post-production, and animation services, with a market focus on enhancing the visual storytelling experience.
Average Trading Volume: 99,830
Current Market Cap: 46.23B INR
See more data about PFOCUS stock on TipRanks’ Stock Analysis page.