Description
Prime Focus Limited clarifies news article regarding ₹5,552 crore strategic acquisition preferential issue, confirming transaction was previously disclosed and concluded on November 19, 2025.
Summary
Prime Focus Limited submitted a clarification to BSE regarding a news article published on December 8, 2025, about a ₹5,552 crore strategic acquisition preferential issue. The company confirmed that the cash-plus-share-swap and hybrid preferential issue was initially disclosed on July 3, 2025, under Regulation 30 of SEBI Listing Regulations and was successfully concluded on November 19, 2025, when trading approval was granted by BSE and NSE. The company states it has no information about reasons for any price/volume movement in shares.
Key Points
- News article appeared on barandbench.com on December 8, 2025, regarding ₹5,552 crore strategic acquisition preferential issue
- Company originally disclosed the transaction on July 3, 2025, under Regulation 30 of SEBI Listing Regulations
- Transaction structure: cash-plus-share-swap and hybrid preferential issue
- Transaction concluded on November 19, 2025, with trading approval from BSE and NSE
- Company maintained timely disclosure at various stages of the preferential issue process
- Company is not aware of reasons for any share price/volume movement
- Clarification issued in response to BSE email dated December 10, 2025 (Ref No: L/SURV/ONL/RV/APJ/(2025-2026)/102)
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
No new compliance requirements. The circular reaffirms the company’s commitment to:
- Immediate dissemination of information about binding obligations that could impact share price/volume
- Compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015
- Timely disclosure of material events at various stages
Important Dates
- July 3, 2025: Original disclosure of preferential issue to stock exchanges
- November 19, 2025: Transaction conclusion with trading approval from BSE and NSE
- December 8, 2025: News article publication date
- December 10, 2025: BSE clarification request and company’s response
Impact Assessment
Market Impact: Minimal to none. This is a routine clarification on an already disclosed and concluded transaction. No new material information is being revealed that would impact share price or trading volume.
Operational Impact: None. The transaction was completed over three weeks prior to this clarification.
Investor Impact: Low. Investors were already informed of the transaction through proper regulatory disclosures in July 2025 and November 2025. This clarification merely references existing public information in response to media coverage.
Compliance Impact: Demonstrates the company’s adherence to disclosure norms and responsiveness to exchange queries regarding news items.
Impact Justification
Routine clarification on already disclosed and concluded transaction with no new material information or price movement impact