Prime Focus allots 274.7 million preferential shares at INR 120
PFOCUS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Prime Focus allotted 274,728,041 shares at INR 120 each to 11 investors, including promoter A2R Holdings, for consideration of INR 32.97 billion. Of these, 256,503,041 shares were issued in a swap for 10.02 million DNEG shares, while 18.23 million shares were allocated to raise up to INR 21.87 billion. Paid-up capital rose from INR 3.10 billion to INR 5.85 billion. DNEG ownership reached 18.52% and combined ownership rose to 74.72%.
New shares reduce existing stakes but add cash and lift combined DNEG ownership to 74.72%. A2R's promoter stake rose to 53.13%; impact is uncertain.