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Incorporated in 2016, Phantom Digital Effects Ltd provides Visual effects to films, web series, and commercials
Phantom Digital Effects clarified details for its 115.70 Cr preferential CCD issue, correcting previous omissions. Key revisions include a new issue price of ₹213.93 per CCD and an updated relevant date. Upon full conversion, Zee Entertainment will hold ~24.89% of the company's equity.
Z has invested up to Rs. 116 Cr in PhantomFX via CCDs. This strategic move aims to significantly boost Z's AVGC content creation capabilities, leveraging PhantomFX's global VFX and animation expertise, enhancing distribution synergies and unlocking new monetization avenues.
Phantom Digital Effects, via its Phantom Media Group (PMG) brand, secured new VFX projects worth ₹23 Cr. This significantly strengthens its global order book and enhances future revenue visibility and growth outlook.
Phantom Digital Effects received an Income Tax summons related to its IPO lead manager. The company clarifies it is not under investigation, faces no accusations of wrongdoing, and confirms no financial or operational impact. Business operations continue normally.
PhantomFX reported stellar H1 FY26 consolidated results: Total Income up 140.91% YoY to ₹88.30 Cr, PAT up 149.99% YoY to ₹20.69 Cr. Order book strong at ₹201.32 Cr. Acquisitions and Phantom Media Group formation bolster global VFX presence.