According to CNBC-TV18, around 47.5 lakh shares, representing a 1.53% equity stake in the company, changed hands in the block deal window.
The transaction added to the buzz around the stock, which has been in focus in recent months after reports of actor Ranbir Kapoor investing between Rs 15–20 crore in Prime Focus Studio through a preferential issue of shares.
The company had earlier approved the issuance of over 46 crore shares, with Kapoor among the proposed allottees aiming to acquire about 12.5 lakh shares, although independent verification of the final allotment has not yet been confirmed.
Founded by Namit Malhotra in 1997, Prime Focus has grown into a global leader in visual effects and post-production. Its subsidiary, Double Negative (DNEG), has won multiple Academy Awards for work on films such as TENET, Dune: Part One, and Dune: Part Two, bringing its Oscar tally to eight.
As of June 30, Malhotra himself held 1.49 crore shares in the company, equivalent to a 4.81% stake, according to exchange shareholding data.Also read: IPO-bound Oyo to consider 1:1 bonus issue; unlisted shares rise 25% in 1 month
Prime Focus share price history
Prime Focus stock has gained 12.21% over the past one year and is up 13.01% year-to-date (YTD). Over the last six months, it has surged 60.21%, while in the past three months it advanced 36.06%. However, on a one-month basis, the stock recorded a slight decline of 1.62%.
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