Prime Focus Limited has informed the Exchange regarding Change in Auditors of the company.
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Awaiting price reaction for this filing.
Prime Focus Limited held its 28th Annual General Meeting on September 30, 2025, where shareholders approved two key items. First, Mr. Naresh Malhotra (DIN: 00004597), one of the company's promoters, was re-appointed as Chairman and Whole-Time Director for a 3-year term running from May 1, 2026 to April 30, 2029. Second, M/s. D M Zaveri & Co., a firm of practicing company secretaries with 24+ years of experience, was appointed as the Secretarial Auditor for a first term of 5 consecutive years covering FY 2025-26 to FY 2029-30. The filing notes that Mr. Malhotra is not debarred from holding a director position under any SEBI order.
This is a routine, shareholder-approved governance update with no negative implications. The re-appointment of the promoter-Chairman provides continuity in leadership, while the appointment of a new secretarial auditor for a full 5-year term is a standard compliance matter and should not affect the stock price.