Prime Focus Limited has informed the Exchange about General Updates
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Prime Focus Limited informed the exchanges about internal restructuring among its step-down subsidiaries. Two proprietary software assignments are being made to Brahma AI ME Ltd: one from Brahma AI Services India Limited (formerly Prime Focus Technologies Limited) valued at INR 75.2 Crores, and another from Prime Focus Technologies, Inc. valued at US$ 3.44 Million. Additionally, the TCS and Restoration business is being transferred as a going concern (slump sale) from Brahma AI Services India Limited to DNEG India Media Services Limited for INR 26.5 Crores. The TCS and Restoration business contributed INR 102.62 Crores (2.85%) to consolidated turnover and INR 23.86 Crores (2.38%) to consolidated net worth in FY25. The Audit Committee approved the restructuring on March 30, 2026, and the rationale is to consolidate the AI/Technology business under the 'Brahma' vertical to leverage brand value and create new revenue streams.
Since all transactions are between group subsidiaries (related party transactions at arm's length), there is no direct material impact on shareholders. The restructuring is aimed at better organizing the AI/Technology business under the Brahma brand, but since the divested unit is only 2.85% of consolidated turnover, the financial impact on the consolidated entity is minimal.