PRIME FOCUS LTD.

Prime Focus Ltd has submitted its final Monitoring Agency Report for the quarter ended June 30, 2026, concerning the utilization of proceeds from its preferential issue of equity shares. The report, issued by CARE Ratings Limited, confirms that the utilization of funds aggregating to Rs. 5,552.02 crore is in line with the objects disclosed in the offer document. There were no deviations from the stated objectives. This marks the conclusion of the monitoring period for this preferential issue.

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.

Prime Focus Ltd and promoter Mr. Namit Malhotra have successfully withdrawn their suit (Commercial Suit No. 104 of 2025) filed against Reliance Alpha Services Private Limited, Reliance Mediaworks Limited, and Reliance Land Private Limited. The suit, related to a loan agreement dated February 25, 2019, and a business transfer agreement dated November 19, 2014, was dismissed by the Hon'ble High Court of Bombay on August 4, 2026, after the parties amicably resolved their disputes. This marks the closure of a significant legal matter for the company.

Prime Focus Ltd has announced that its Board of Directors will convene on August 6, 2026. The primary agenda item for this meeting is to consider, approve, and take on record the Unaudited Financial Results (Standalone & Consolidated) for the first quarter ended June 30, 2026. The trading window for the company's securities, which was closed on June 25, 2026, will reopen 48 hours after the declaration of these financial results. The notice is available on the company's website and the BSE and NSE websites.

Prime Focus Limited (PFL) has announced the voluntary liquidation of its step-down subsidiary, PF Media Ltd, effective July 13, 2026. The liquidation was confirmed by the Registrar of Companies, Mauritius, on July 22, 2026, due to no ongoing operations. PF Media contributed negligibly to PFL's financials, with a turnover of Nil and a net worth of ₹69.22 crore, representing 0.03% of PFL's net worth as of March 31, 2026. This action is part of regulatory disclosures under SEBI's LODR Regulations.

Prime Focus Ltd announced the closure of its Corporate Insolvency Resolution Process (CIRP) following an oral pronouncement by the Hon'ble National Company Law Appellate Tribunal (NCLAT). The NCLAT allowed the company's appeal, setting aside the admission order from the National Company Law Tribunal. This decision means the CIRP is closed, the moratorium under Section 14 of the IBC is lifted, and the Board of Directors' powers are fully restored. The company will operate in the ordinary course, and a lien on a fixed deposit will be released as per an agreement between parties. The formal written order is awaited.

Prime Focus Limited's indirect subsidiary, Double Negative Films Limited (DNFL), has acquired a 48.45% equity stake in Spanish animation studio Ánima Kitchent Canarias, S.L. for a cash consideration of ₹13.70 crore. This acquisition aims to leverage Ánima Kitchent's Spanish animation production capabilities and market access, and includes a partnership with SETT, a Spanish Government fund. Ánima Kitchent, founded in 2014, is known for producing 2D and 3D animated content and has a turnover of ₹92 crore, PAT of ₹11 crore, and net worth of ₹68 crore as of FY25. The acquisition is complete as of June 26, 2026.

Prime Focus Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from Wednesday, July 01, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the first quarter ended June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The specific date for the Board meeting to consider these financial results will be communicated separately.

The Supreme Court dismissed Raspalfa Services Private Limited's appeal against an interim order by the NCLAT regarding Prime Focus. The NCLAT had stayed an NCLT order and directed the Interim Resolution Professional to halt further actions. The Supreme Court noted the NCLAT's interim order and advised parties to raise contentions before the NCLAT, which is scheduled to hear the main appeal on July 9, 2026. Raspalfa's application to vacate the NCLAT's interim order was dismissed.

Prime Focus Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve the audited financial results (standalone & consolidated) for the fourth quarter and financial year ended March 31, 2026. The board will also consider recommending a final dividend, if any, for the financial year 2025-26. The trading window, currently closed, will reopen 48 hours after the declaration of the audited financial results.