Prime Focus Limited (PFOCUS) — Board Meeting
📢 Key Event
Board approved corporate guarantee for DNEG India Media Services loan
🔄 What Changed
Contingent liability up to ₹1,000 million introduced for subsidiary loan
💡 Investor Takeaway
Investors should monitor potential dilution and balance sheet impact if the guarantee is invoked.
Prime Focus Limited announced that its board approved a corporate guarantee up to ₹1,000 million for ICICI Bank to secure a term loan for its unlisted subsidiary DNEG India Media Services Limited, a material subsidiary with no promoter interest, as disclosed in a filing dated March 30, 2026.
About Prime Focus Limited (PFOCUS)
Media Entertainment & Publication · Entertainment · Listed on NSE
Market Cap: ₹22,410.61 Cr
P/E: -78.0
Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.