Prime Focus Limited has informed the Exchange regarding Change in Director(s) of the company.
PFOCUS · price
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At its 28th Annual General Meeting held on September 30, 2025, Prime Focus Limited shareholders approved two key items. First, the re-appointment of Mr. Naresh Malhotra (DIN: 00004597) as Chairman and Whole-Time Director for a 3-year term starting May 1, 2026 through April 30, 2029. Mr. Malhotra is a Promoter of the company and is related to Mr. Namit Malhotra (father-son). Second, M/s. D M Zaveri & Co. was appointed as Secretarial Auditors for an initial 5-year term covering FY 2025-26 to FY 2029-30. The firm has over 24 years of experience in corporate laws and secretarial audit.
Continuity at the top with the founder-promoter staying on as Chairman provides leadership stability, which is generally positive for shareholders. The appointment of a new secretarial auditor for a 5-year term is a routine governance step with no material financial impact on the stock.