Prime Focus Ltd has obtained a stay order from NCLAT on May 6, 2026. As part of the agreement, the company deposited INR 353.8 crore into an interest-bearing account by May 20, 2026.

The National Company Law Appellate Tribunal (NCLAT) has halted the insolvency proceedings for Prime Focus. This decision comes after the company claimed solvency and agreed to deposit approximately INR 353.8 crore, along with accrued interest, to resume operations.

The National Company Law Appellate Tribunal (NCLAT) has delayed the insolvency proceedings for Prime Focus Ltd until the next hearing on May 11, 2026, following a request from the Insolvency Resolution Professional.

Postponement of Prime Focus's insolvency proceedings due to a Rs. 354 crore debt under the IBC has been ordered. The insolvency actions have been temporarily halted until May 11, 2026, following an interim stay granted by the tribunal.

Prime Focus Ltd is facing a Rs. 353.8 crore financial debt claim in NCLT by Reliance Alpha Services Pvt. Ltd. However, the company denies the claim due to non-disbursement of the loan and ongoing legal disputes, ensuring that their operations continue uninterrupted.

Prime Focus is undergoing a restructuring process, with Brahma India swapping loans and preference shares for equity in PFT US. This strategic maneuver simplifies their financial obligations without the need for additional capital injection.

Prime Focus Ltd has announced an internal reorganization to optimize operations. This includes shifting software divisions and completing deals worth approximately INR 102 Crore (USD 3.44 Mn). Notably, the restructuring doesn't affect shareholding or promoter advantages.

Prime Focus streamlines operations by selling its TCS business unit to DNEG India for approximately 26.5 crores INR, transferring the related software rights in the process.

Prime Focus Limited has agreed to provide a ₹100 crore guarantee for DNEG India Media Services' loan from ICICI Bank. This move creates a potential future obligation but does not affect Prime Focus financially at the moment, as their promoter group holds no interest in this arrangement.