Prime Focus informs about outcome of postal ballot

07 Jun 2024 Evaluate
Pursuant to Regulation 30 and 44(3) of the SEBI Listing Regulations, and in furtherance to letter dated May 07, 2024, submitting the Notice of Postal Ballot dated April 29, 2024, Prime Focus has informed that Members of the Company on June 06, 2024, have passed the below Special Resolution through requisite majority by way of Postal Ballot through e-voting only (remote e-voting). Special Resolution: Approval under Section 188 of the Companies Act, 2013, Regulation 23(4) and Regulation 24(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, for a ‘material related party transaction’ for divestment of the entire equity shareholding of the Company in Prime Focus Technologies, an unlisted material subsidiary of the Company.

The above information is a part of company’s filings submitted to BSE.

Prime Focus Share Price

133.30 4.95 (3.86%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
PVR 1381.80
Saregama India 497.65
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