Prime Focus Offices Raided by Income Tax Department

Company Response to Income Tax Search Proceedings

Date and Nature of Communication

Prime Focus Limited submitted this clarification to the National Stock Exchange of India Limited on October 07, 2026, in response to a news item appearing on https://www.cnbctv18.com dated October 07, 2026, captioned "Prime Focus shares tank 8% after Income Tax raids at Mumbai offices: Exclusive".

Company's Clarification on Trading Volume and Operations

The company confirmed that the Income Tax Department initiated search proceedings under the provisions of the Income Tax Act, 2025, on the morning of October 07, 2026, at certain offices of the Company. The search was ongoing as of the date of the letter.

The company specifically stated that as of the date of the letter, it had not received any communication from the Income Tax Department setting out any finding, demand, or alleged contravention. The company emphasized it was not in a position to comment on, and did not wish to speculate on, other matters reported in the news item, including the stated subject matter of the search.

Regulatory Compliance Reference

The company confirmed it is fully cooperating with officials of the Income Tax Department and providing them with necessary information, documentation, and clarifications sought. The company committed to updating the Stock Exchanges and disclosing any further material developments in accordance with applicable laws, referencing compliance with SEBI listing obligations.

Operational Status

The business operations of the Company continue as usual and were not impacted due to the search proceedings.