NSEAcquisition4d ago · 5 Nov 2026, 07:40 pm

Acquisition

Prime Focus Limited · PFOCUS

✦ AI Summaryacquisition

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. The company's subsidiary, Double Negative Films Limited, has acquired 31,18,865 equity shares in Ánima Kitchent Canarias, S.L. (Anima) resulting in an increase of DNFL shareholding in Anima by 2.41%. The acquisition is part of a private-public partnership with SETT (Sociedad Española para la Transformación Tecnológica), a Spanish Government fund, which has committed an overall investment in Ánima Kitchent Canarias, S.L. of Euro 24.9 million.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
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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PFOCUS_05112026194021_PFL_Regulation30_FurtherAcqusitionsigned.pdf

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November 05, 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 further acquisition of shares Dear Sir/ Madam, With reference to our earlier disclosure dated June 27, 2026 and 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 November 04, 2026 from its subsidiary (indirect), Double Negative Films Limited (“DNFL”), that DNFL has further acquired 31,18,865 equity shares in Ánima Kitchent Canarias, S.L. (“Anima”) and which has resulted an increase of DNFL shareholding in Anima by 2.41%. The details required under Regulation 30 of the Listing Regulations read with Para A of Part A of the Schedule III of the Listing Regulations and SEBI Master Circular 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 party transaction(s) and whether the promoter/ 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. Partnership with acquisition of target entity, if its business is SETT (Sociedad Española para la outside the main line of business of the listed Transformación Tecnológica), which is a entity); 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. As per the mutually agreed terms of the Investment Agreement dated June 26, 2026 entered between Double Negative Films Limited (“DNFL”), SETT and other parties, DNFL has further invested INR 33,04,74,935/- in Ánima Kitchent Canarias, S.L. (“Anima”) towards acquisition of its 31,18,865 equity shares. 5 brief details of any governmental or regulatory Required approvals from the relevant approvals required for the acquisition; authorities as applicable have been obtained. 6 indicative time period for completion of the Further acquisition of shares complete as of acquisition; November 04, 2026 7 Consideration: sh consideration or share swap or Double Negative Films Limited paid cash any other form and details of the same; consideration only whether cash consideration or share swap or any other form and details of the same; 8 cost of acquisition and/or the price at which the INR 33,04,74,935/- shares are acquired; 9 percentage of shareholding/ control acquired and/ Towards acquisition of further 2.41% equity or number of shares acquired; stake in Anima. Post-acquisition, DNFL holds 50.86% in Anima. 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
Prime Focus Limited — Acquisition | BazaarWatch