Intimation Under Regulation 31A Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Submission Of Application To Stock Exchanges Upon Receipt Of Request For Re-Classification From 'Promoter' Category To 'Public' Category
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Monsoon Studio Private Limited (MSPL), one of the promoters of Prime Focus Limited, has requested to be reclassified from the 'Promoter Group' category to the 'Public' category. The Board of Directors considered this request on August 13, 2025. As required under SEBI Listing Regulations, the company submitted an application to NSE and BSE on August 14, 2025, seeking their no-objection to the reclassification. The final approval will depend on the stock exchanges' response. This is a procedural disclosure and does not involve any change in the actual shareholding of MSPL.
If approved, the promoter group shareholding classification will reduce, technically increasing the public float. However, this is only a change in categorization, not an actual sale of shares, so it is unlikely to have a material impact on the stock price. Investors should await the stock exchanges' decision on the reclassification.