Prime Focus Limited (PFL) has made a disclosure pursuant to Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, regarding further acquisition of shares by its indirect subsidiary Double Negative Films Limited (DNFL).

Transaction Details

  • Date of Acquisition: November 04, 2026
  • Number of Shares Acquired: 31,18,865 equity shares
  • Consideration Amount: INR 33,04,74,935/- (paid in cash)
  • Percentage Stake Acquired: 2.41%
  • Post-Acquisition Holding: DNFL now holds 50.86% in Anima

Target Entity Information

Ánima Kitchent Canarias, S.L.

  • Industry: Motion picture and video production activities
  • Country: Spain
  • Date of Incorporation: 2014
  • Business: Prominent Spanish animation studio producing, creating, and distributing high-quality 2D and 3D animated content
  • Notable Brands: Cuquín, Lea & Pop, Titto Lizzardo, Tippi T-Rex, PINY Institute of New York

Financial Performance of Anima

Turnover History:

  • 2025 (1st Previous Year): Rs. 92 crore
  • 2024 (2nd Previous Year): Rs. 65 crore
  • 2023 (3rd Previous Year): Rs. 59 crore

Other Financial Metrics:

  • PAT: Rs. 11 crore
  • Net Worth: Rs. 68 crore

Transaction Rationale and Context

The acquisition provides access to Spanish Animation production capabilities and markets. The transaction is part of a broader private-public partnership with SETT (Sociedad Española para la Transformación Tecnológica), a Spanish Government fund that has committed an overall investment of Euro 24.9 million in Anima Kitchent Canarias, S.L.

The investment follows the terms of the Investment Agreement dated June 26, 2026 entered between Double Negative Films Limited, SETT and other parties.

Regulatory and Approval Status

  • Related Party Transaction: Not Applicable
  • Governmental/Regulatory Approvals: Required approvals from relevant authorities have been obtained
  • Transaction Completion: The further acquisition of shares was completed as of November 04, 2026

Disclosure Compliance

The disclosure is made pursuant to Regulation 30 of the SEBI Listing Regulations read with Para A of Part A of 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.

Company Representation

The disclosure is signed by Parina Shah, Company Secretary & Compliance Officer of Prime Focus Limited, on November 05, 2026.