PRIME FOCUS LTD.

Prime Focus Limited's Board of Directors, in a meeting held on October 15, 2026, approved several material related party transactions concerning the proposed investment by Multiples in its subsidiaries, Brahma Holdings and Brahma India. These transactions include an Ancillary Framework Deed, a shareholders agreement with indemnity obligations, and a platform license arrangement for Brahma AI Platform. The Board also recommended convening an Extra Ordinary General Meeting (EOGM) on November 7, 2026, to seek shareholder approval for the Proposed Transaction, which involves Multiples subscribing to CCPS and a transfer of shares, leading to the cessation of control over Brahma Holdings and Brahma India. Shareholder approval will also be sought for the material related party transactions.

Prime Focus Ltd announced the conclusion of search and seizure proceedings initiated by the Income Tax Department, Mumbai. The proceedings, which began on October 7, 2026, at certain company offices and promoter residences, concluded on October 14, 2026. The company stated it extended full cooperation and provided all requested information. As of the filing date, no adverse findings have been communicated, and the proceedings have not impacted the company's operations, financials, or business activities, which continue as usual. Prime Focus Ltd reiterated its commitment to integrity, corporate governance, and compliance.

Prime Focus Ltd has confirmed that the Income Tax Department initiated a search proceeding at its offices on October 7, 2026. The company stated that the search is ongoing and it has not yet received any communication regarding findings or demands. Prime Focus is cooperating fully with the authorities and is providing necessary information. The company clarified that the news item regarding the search does not pertain to any negotiations or transactions involving the company. Business operations continue as usual and have not been impacted. Prime Focus will disclose further material developments as per applicable laws.

Prime Focus Ltd announced that its shareholders, at the 29th Annual General Meeting (AGM) held on September 30, 2026, approved several key resolutions. These include the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, and the re-appointment of a director. Significant approvals were also granted for material related party transactions involving subsidiaries like DNEG S.a.r.l. and Brahma AI Holdings Limited, including the transfer of equity shareholdings in entities such as Brahma AI Services India Limited and PFT US. Furthermore, shareholders approved a substantial fund-raising plan of up to ₹3,000 Crore through various permissible mechanisms, including equity and debt securities. The company also approved changes in director designations and remuneration.

Prime Focus Ltd announced that its shareholders, at the 29th Annual General Meeting (AGM) held on September 30, 2026, approved the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. The meeting also saw approval for the appointment of a director, alteration of Articles of Association, and several material related party transactions involving subsidiaries like DNEG S.a.r.l. and Brahma AI Holdings Limited. Key approvals included a proposal to raise funds up to ₹3,000 Crore through various permissible mechanisms. The AGM also approved the change in designation of Mr. Namit Naresh Malhotra to Whole-time Director and payment of remuneration to Non-Executive Directors. The AGM commenced at 12:30 p.m. IST and concluded at 01:22 p.m. IST.

Prime Focus Ltd held its 29th Annual General Meeting (AGM) on September 30, 2026, where shareholders approved the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. Key approvals also included the appointment of a director, alteration of Articles of Association, and several material related party transactions involving subsidiaries like DNEG S.a.r.l. and Brahma AI Holdings Limited. Additionally, shareholders sanctioned a proposal to raise funds up to ₹3,000 Crore through various permissible mechanisms. The AGM also saw the approval of a change in designation for Mr. Namit Naresh Malhotra from Non-Executive Director to Whole-time Director and the payment of remuneration to Non-Executive Directors. The meeting commenced at 12:30 p.m. IST and concluded at 01:22 p.m. IST.

Prime Focus Ltd announced that its shareholders, at the 29th Annual General Meeting (AGM) held on September 30, 2026, approved several key resolutions. These include the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, and the re-appointment of a director. Significant approvals were also granted for material related party transactions involving subsidiaries like DNEG S.a.r.l. and Brahma AI Holdings Limited, including the transfer of equity shareholdings in entities such as Brahma AI Services India Limited and PFT US. Additionally, shareholders approved a substantial fund-raising plan of up to ₹3,000 Crore through various permissible mechanisms, including equity and debt securities. The company also approved changes in director designations and remuneration.

Prime Focus Ltd announced that its shareholders, at the 29th Annual General Meeting (AGM) held on September 30, 2026, approved several key resolutions. These include the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, and the re-appointment of a director. Significant approvals were also granted for material related party transactions involving subsidiaries like DNEG S.a.r.l. and Brahma AI Holdings Limited, concerning the transfer of equity shareholdings. Additionally, shareholders approved a substantial fund-raising plan of up to ₹3,000 Crore through various permissible mechanisms, including equity and debt issuance. The company also approved changes in director designations and remuneration.

Prime Focus Ltd has announced the closure of its trading window from October 01, 2026, until 48 hours after the declaration of its unaudited financial results for the second quarter and half-year ended September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, to prevent insider trading during the period leading up to and immediately following the financial results announcement. The specific date for the Board meeting to consider these results will be communicated separately.

Brahma AI, an AI-native operating system for enterprise audiovisual content, has successfully raised $150 million in a funding round led by Multiples Alternate Asset Management, with a $100 million investment from Multiples. The company also reported an additional $100 million in investor interest. This funding will be utilized to accelerate research and development, expand its global go-to-market strategy, and establish a significant presence in Silicon Valley. Brahma AI operates across four key verticals: media & entertainment, sports, healthcare, and advertising, serving global anchor customers like Warner Bros, the NBA, and Mayo Clinic. The company's technology, recognized with a 2026 Technology & Engineering Emmy® Award, combines enterprise content intelligence with AI creation capabilities.