
Board Meeting6 Aug 2026, 11:00 pm
Prime Focus Board Approves Q1 FY27 Unaudited Results, Director Designation Change
AI Summary
Prime Focus Limited's Board of Directors met on August 06, 2026, approving the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The board also approved the appointment of Shridhar & Associates as Internal Auditors for FY 2026-27. Additionally, Mr. Namit Malhotra's designation changed from Non-Executive Director to Whole Time Director and Key Managerial Personnel for a three-year term, subject to member approval. The company also plans to alter its Articles of Association to remove clauses related to the late Mr. Rakesh Jhunjhunwala and will issue a Corporate Guarantee of up to ₹200 Crores for a subsidiary's term loan.
Key Highlights
- Unaudited Q1 FY27 financial results approved.
- Mr. Namit Malhotra appointed Whole Time Director.
- Internal auditors appointed for FY 2026-27.
- Articles of Association alteration planned.
- Corporate Guarantee of up to ₹200 Crores approved.
Price Impact
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