Prime Focus Limited
PFL was founded by Mr. Namit Naresh Malhotra in 1997. It started from Mumbai to being an integrated media and entertainment services powerhouse.It is present in 18 cities (8 in India and 10 internationally) across 5 continents.Prime Focus is engaged in the business of post-production activities including digital intermediate, visual effects, 2D to 3D conversion, and other technical and creative services to the Media…
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Prime Focus Limited has released its Business Responsibility and Sustainability Report, showcasing its governance framework, employee metrics, and stakeholder grievance mechanisms. The update highlights sustainable practices alongside existing operational structures across its media and entertainment service portfolio.
Prime Focus's step-down subsidiary, PF Media, is voluntarily liquidated due to no ongoing operations. PF Media contributed nil to turnover and 0.03% (69.22 Cr) to net worth. This move streamlines operations.
Prime Focus is executing internal restructuring. Its subsidiary Brahma India is transferring PFT US for ~$21 Million to DNEG. Separately, DNEG is transferring Brahma India for ~$90.09 Million to Brahma AI Holdings. All entities remain step-down subsidiaries, aiming to streamline group operations.
Prime Focus subsidiaries are internally restructuring to consolidate AI/Tech business under 'Brahma.' This involves assigning software (₹75.2 Cr, US$3.44 Mn) and a ₹26.5 Cr slump sale of TCS & Restoration businesses between step-down subsidiaries. Aim: boost revenue & leverage brand.
Prime Focus Limited completed the divestment of its wholly-owned subsidiary, PF Studio, to DNEG S.a.r.l., a material subsidiary. The entire shareholding in PF Studio has been transferred to DNEG, streamlining the company's structure.