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Prime Focus approved raising up to ₹3,000 crore through equity, debt, convertibles or other securities, subject to shareholder and regulatory approvals, and increasing authorised capital to ₹100 crore from ₹85 crore. Context: provides a potential financing route toward the company’s debt-reduction plan.
Prime Focus Approves Fund Raise Of Up To ₹3,000 Crore
Prime Focus Board Approves Fund Raise Up To ₹3,000 Crore
Prime Focus Schedules Board Review Of Fund Raise And Capital Increase
Prime Focus NCLAT Ruling Closes CIRP, Restores Board Powers