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Prime Focus Limited ( (IN:PFOCUS) ) has issued an announcement.
Prime Focus Limited’s Board of Directors has approved an option deed with Indivisual Investment L.L.C. O.P.C and A2R Holdings S.a r.l., allowing the investor to exit its minority stake in DNEG S.a.r.l, a material subsidiary of Prime Focus, on or after January 1, 2029. This arrangement will enable the investor to swap its shareholding in DNEG for equity shares in Prime Focus, without affecting the management or control of the company. The move is part of a broader shareholding arrangement and reflects Prime Focus’s strategic efforts to manage its subsidiary’s equity structure effectively.
More about Prime Focus Limited
Prime Focus Limited operates in the media and entertainment industry, specializing in visual effects, animation, and post-production services. The company focuses on providing cutting-edge technology and creative services to filmmakers, studios, and broadcasters worldwide.
Average Trading Volume: 467,937
Technical Sentiment Signal: Buy
Current Market Cap: 54.32B INR
For a thorough assessment of PFOCUS stock, go to TipRanks’ Stock Analysis page.