Prime Focus Income Tax Search Concludes No Adverse Findings

Timeline of Events

• Search and seizure proceedings were initiated by the Income Tax Department, Mumbai under the Income Tax Act, 2025 on October 7, 2026.
• Proceedings were conducted at certain offices of Prime Focus Limited and the residence of individual promoter directors of the Company.
• The search concluded on the morning of October 14, 2026.

Company Cooperation

The Company and its officials extended full cooperation to the Income Tax Department officials throughout the search operation. The Company provided all information, documents, and clarifications sought by the tax authorities.

Current Status and Findings

As of October 14, 2026, no order or direction has been issued to the Company indicating any adverse findings in relation to the search and seizure proceedings.

Operational and Financial Impact

The proceedings have not had any impact on the operations, financials, or other activities of the Company. Business activities continue as usual without disruption.

Company Stance on Compliance

The Company emphasizes that it has always maintained high standards of integrity, corporate governance, and compliance in all aspects of its operations, including compliance with provisions of the Income Tax Act. The Company remains committed to upholding these standards.

Future Commitments

The Company will promptly update the Stock Exchanges in case of any further material development in this regard.