Prime Focus Approves Fund Raise Of Up To ₹3,000 Crore

Prime Focus approved seeking shareholder approval to raise up to ₹3,000 crore through equity, debt, convertibles or other securities in one or more tranches, with pricing and structure undecided. It also proposed increasing authorised share capital to ₹100 crore. Context: potential funding is material against the company’s leverage-reduction agenda.