Prime Focus Ltd to Raise Up to ₹3,000 Cr via Equity/Debt Issuance

Prime Focus Limited's Board of Directors met on September 4, 2026, and approved a significant fundraising initiative. The company plans to raise up to ₹3,000 Crore through various permissible mechanisms, including equity shares, debt securities, non-convertible securities, share warrants, or other equity-linked instruments. This could be achieved via Qualified Institutions Placement (QIP), Depository Receipts (ADR/GDR), preferential issue, rights issue, or other modes, in one or more tranches. The approval is subject to shareholder and regulatory approvals. Additionally, the Board approved an increase in the authorized share capital from ₹85 Crore to ₹100 Crore and the convening of the 29th Annual General Meeting (AGM) on September 30, 2026, to seek member approval for these proposals.