NSEAcquisition27 Jun 2026 · 27 Jun 2026, 07:15 pm
Acquisition
Prime Focus Limited · PFOCUS
✦ AI SummaryM&A
Prime Focus Limited has informed the exchange about the acquisition of shares in Ánima Kitchent Canarias, S.L. by its subsidiary, Double Negative Films Limited. The acquisition is for 48.45% equity stake in the company, with a consideration of Rs. 13,70,38,328.
Analysis Scores
Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment5/10
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Full Announcement
Prime Focus Limited has informed the Exchange about Disclosure under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended in respect of acquisition of shares
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June 27, 2026
To, To,
National Stock Exchange of India Limited BSE Limited
Listing Department, Listing Department,
Exchange Plaza, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Bandra East, Dalal Street
Mumbai - 400 051 Mumbai - 400 001
Fax Nos.: 26598237 I 26598238 Fax Nos.: 22723121/2037/2039
Ref.: Scrip Code: BSE - 532748/ NSE - PFOCUS
Sub.: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing
Regulations”) in respect of acquisition of shares
Dear Sir/ Madam,
Pursuant to the provisions of Regulation 30 of the Listing Regulations, we would like to inform you that
Prime Focus Limited (the “Company” or “PFL”) has received an intimation on June 26, 2026 from its
subsidiary (indirect), Double Negative Films Limited (“DNFL”) that DNFL has acquired shares in
Ánima Kitchent Canarias, S.L., incorporated in Las Palmas de Gran Canaria, Spain bearing registration
(NIF) number B76259498.
The details required under Regulation 30 of the Listing Regulations read with Para A of Part A of
Schedule III of the Listing Regulations and SEBI Master Circular SEBI/HO/49/14/14(7)2025-CFD
POD2/I/3762/2026 dated January 30, 2026, are enclosed as Annexure.
Kindly take the above on your record and acknowledge receipt of the same.
Thanking You.
For Prime Focus Limited
Parina Shah
Company Secretary & Compliance Officer
Encl.: a/a
Annexure
S. No. Particulars Details
1 name of the target entity, details in brief such as a) Company Name: Ánima Kitchent
size, turnover etc.; Canarias, S.L.
b) Turnover: Rs. 92 crore
c) PAT: Rs. 11 crore
d) Net worth: Rs. 68 crore
2 whether the acquisition would fall within related Not applicable – not a related party
party transaction(s) and whether the promoter/ transaction.
promoter group/ group companies have any
interest in the entity being acquired? If yes,
nature of interest and details thereof and whether
the same is done at “arm’s length”;
3 industry to which the entity being acquired Motion picture and video production
belongs; activities
4 objects and impact of acquisition (including but Access to Spanish Animation production
not limited to, disclosure of reasons for capabilities and markets.
acquisition of target entity, if its business is
outside the main line of business of the listed Partnership with SETT (Sociedad Española
entity); para la Transformación Tecnológica), which
is a Spanish Government fund which has
committed an overall investment in Ánima
Kitchent Canarias, S.L. of Euro 24.9 million
under the private-public partnership.
5 brief details of any governmental or regulatory Required approvals from relevant authorities
approvals required for the acquisition; as applicable have/ will be obtained.
6 indicative time period for completion of the Acquisition complete as of June 26, 2026
acquisition;
7 Consideration: Double Negative Films Limited paid
whether cash consideration or share swap or any cash consideration only
other form and details of the same;
8 cost of acquisition and/or the price at which the Rs. 13,70,38,328/-
shares are acquired;
9 percentage of shareholding/ control acquired and/ Towards acquisition of 48.45% equity stake
or number of shares acquired; in the company.
10 brief background about the entity acquired in Founded in 2014, Anima Kitchent is a
terms of products/line of business acquired, date prominent Spanish animation studio known
of incorporation, history of last 3 years turnover, for producing, creating, and distributing high-
country in which the acquired entity has presence quality 2D and 3D animated content
and any other significant information (in brief).
Most prominent and successful entertainment
brands include Cuquín, Lea & Pop, Titto
Lizzardo, Tippi T-Rex, and PINY Institute of
New York.
History of Year Amount of
last 3 year description turnover
turnover (Rs. in
crore)
1st Previous 2025 92
year
turnover
2nd 2024 65
Previous
year
turnover
3rd Previous 2023 59
year
turnover