FilingReader Intelligence
Prime Focus board approves major equity infusion, DNEG stake increase
July 3, 2025 at 03:49 PM UTC•By FilingReader AI
** Prime Focus Limited's board of directors has approved a preferential allotment of up to 462,669,444 equity shares, priced at INR 120 each, to raise funds and increase its stake in its subsidiary, DNEG S.a.r.l., Luxembourg. The decision, made at a board meeting on July 3, 2025, aims to strengthen the company's financial foundation and streamline its operations.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
Supplementary Source Documents
Prime Focus Limited has entered into Investment AgreementJuly 3, 2025 at 03:59 PM UTC
The Company has issued securities on private placement basis through preferential allotment.July 3, 2025 at 04:05 PM UTC
Outcome of the meeting of the Board of Directors (the 'Board') of Prime Focus Limited (the 'Company') held on July 3, 2025.July 3, 2025 at 03:35 PM UTC
BSE:PFOCUS•Bombay Stock Exchange
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