Prime Focus Bombay High Court Suit Withdrawn

Background of the Legal Matter

The company and Mr. Namit Malhotra (one of the promoters of the company) had filed a suit before the Hon'ble High Court of Bombay on July 25, 2023. The suit was filed against three entities: Reliance Alpha Services Private Limited, Reliance Mediaworks Limited, and Reliance Land Private Limited. The disputes in the suit involved a loan agreement dated February 25, 2019, and a business transfer agreement dated November 19, 2014.

Current Development and Outcome

The suit (Commercial Suit No. 104 of 2025) was listed before the Hon'ble Bombay High Court on August 4, 2026. The court was informed that the disputes between all parties had been amicably resolved and the matter stood settled. The Hon'ble High Court permitted the plaintiffs (Prime Focus Limited and Mr. Namit Malhotra) to withdraw the suit. Accordingly, the court dismissed the suit as withdrawn.

Financial Impact

Financial impact not quantified in the disclosure. The disclosure only states that the matter has been "amicably resolved" and "stands settled."

Signatory and Company Contact

Parina Shah, Company Secretary & Compliance Officer of Prime Focus Limited, signed the disclosure digitally on August 5, 2026, at 15:09:23 IST.