Prime Focus has received an approval for allotment of 1580 unlisted, unrated, redeemable Debentures of face value Rs 1 lakh each not convertible into equity shares of the company under Tranche - 1, aggregating to Rs 15.80 crore, to certain pre-identified persons on a private placement basis. The board of directors at their meeting has approved for the same.
Prime Focus is a global visual entertainment services group that provides creative and technical services to the film, broadcast, and advertising market. The group offers a genuine end-to-end solution from pre-production to final delivery including visual effects, 2D to 3D conversion, video and audio post production, equipment hire, multi-platform content operations solutions and digital distribution.
