Description

Prime Focus Limited clarifies that the news article about their ₹5,552 crore preferential issue was already disclosed in July 2025 and completed in November 2025, with all regulatory disclosures made timely.

Summary

Prime Focus Limited submitted a clarification to BSE regarding a news article published on barandbench.com dated December 8, 2025, about their ₹5,552 crore strategic acquisition and preferential issue. The company clarified that this cash-plus-share-swap and hybrid preferential issue was originally announced on July 3, 2025, under Regulation 30 of SEBI Listing Regulations, and the transaction was completed on November 19, 2025, when trading approval was granted by BSE and NSE. The company emphasized that it has maintained timely disclosure of all stages of the preferential issue and is not aware of any reasons for recent price/volume movements.

Key Points

  • News article dated December 8, 2025 on barandbench.com reported ELP advising Prime Focus on ₹5,552 crore strategic acquisition
  • The preferential issue was originally disclosed to stock exchanges on July 3, 2025 under Regulation 30 of SEBI Listing Regulations
  • Transaction structure involved 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 all stages of the preferential issue process
  • Company is not aware of reasons for any movement in share price/volume
  • Clarification submitted 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. This is a clarification on compliance with existing Regulation 30 of SEBI Listing Regulations regarding disclosure of material events.

Compliance Requirements

No new compliance requirements. The circular confirms that Prime Focus Limited has complied with:

  • Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Timely disclosure obligations for material events including preferential issue announcement and completion

Important Dates

  • July 3, 2025: Original announcement of preferential issue to stock exchanges
  • November 19, 2025: Trading approval granted by BSE and NSE; transaction concluded
  • December 8, 2025: News article published on barandbench.com
  • December 10, 2025: Clarification submitted to BSE

Impact Assessment

Market Impact: Low. This is a clarification on an already disclosed and completed transaction with no new material information. The company states it is unaware of reasons for any price/volume movement, suggesting the news article does not contain market-moving information.

Operational Impact: None. The preferential issue transaction was already completed in November 2025.

Investor Impact: Minimal. The clarification provides reassurance that all material information was disclosed timely and no undisclosed developments exist. Investors were already informed of the transaction through proper channels months ago.

Impact Justification

Routine clarification on already disclosed and completed transaction; no new material information or price/volume impact identified by company