Prime Focus Limited has informed the Exchange regarding re- appointment of Mr. Naresh Malhotra as Chairman and Whole Time Director of the company w.e.f. May 01, 2026.
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At the 28th AGM held on September 30, 2025, shareholders of Prime Focus Limited approved the re-appointment of Mr. Naresh Malhotra as Chairman and Whole-Time Director for a 3-year term from May 01, 2026 to April 30, 2029. Mr. Malhotra is a Promoter of the company and is related to Mr. Namit Malhotra (father and son). The AGM also approved the appointment of M/s. D M Zaveri & Co. as Secretarial Auditors for an initial 5-year term covering FY 2025-26 to FY 2029-30. The board approval for the auditor was given on May 27, 2025. Mr. Malhotra is a veteran media and entertainment industry figure, known for producing Shahenshah and setting up India's first digital audio studio.
Continuity at the top with the Promoter-Chairman staying on for another 3 years provides leadership stability. The appointment of a new long-term secretarial auditor is a routine governance update and is unlikely to move the stock.