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Reliance MediaWorks divests 9.75% stake in Prime Focus for Rs 155 crore

07 Oct 2015 Evaluate

Reliance MediaWorks (RMW) has sold 9.75% stake in media services major Prime Focus (PFL) for over Rs 155 crore through an open market transaction. It has sold 2.91 crore shares representing 9.75% stake of PFL to bring down its shareholding to 35.11%. The shares were offloaded on September 24.

Prime Focus, the world’s largest media services powerhouse, provides end-to-end creative and technology services including visual effects, stereo 3D conversion, animation, postproduction, Digital Intermediate (DI), equipment rental, hybrid cloud-enabled Media ERP technology and cloud media services to Studios, Broadcast, Advertising and Media industries.


Prime Focus Share Price

301.90 -5.70 (-1.85%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Syngene Internation. 458.00
Indegene 529.65
CMS Info Systems 290.00
JITF Infralogistics 307.90
Sagility 44.18
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