Prime Focus Limited informed that a meeting of the Board of Directors of the company was held on November 12, 2025, wherein the Board inter alia: Took note of the resignation of Mr. Merzin Darayus Tavaria (DIN: 07015623) as a Non-Executive Director of the Company, with effect from November 12, 2025, due to his other professional commitments. Mr. Merzin Darayus Tavaria has also informed the Company that there are no other material reasons for his resignation other than as stated above. He has consequently also ceased to be member of all the Committees of the Board.
Took note of resignation of Mr. Nishant Avinash Fadia as a Chief Financial Officer ("CFO") and Key Managerial Personnel ("KMP") of the Company, with effect from November 12, 2025, due to his other professional commitments. Mr. Nishant Fadia has also informed the company that there are no other material reasons for his resignation other than as stated above. He has consequently also ceased to be member of all the Committees of the Board.
Pursuant to recommendation of Nomination and Remuneration Committee and Audit Committee, considered and approved the appointment of Mr. Vikas Rathee as Key Managerial Personnel ("KMP") of the Company, with effect from November 13, 2025. Mr. Nishant Avinash Fadia is a Chartered Accountant (CA) and Certified Public Accountant (CPA) by qualification. He has been the Chief Financial Officer (CFO) of Prime Focus Limited to date and has been the face of Prime Focus for the financial community.
Mr. Fadia has been with Prime Focus since 2000 and was the company?s first CFO, leading the company?s public listing in 2006. As CFO, he has led financial planning, risk management, corporate finance, and investor relations, ensuring the company?s financial health while driving long-term growth and profitability. His strategic insight and financial acumen have been central to shaping Prime Focus?
business and capital structure decisions, enabling the company to maximize operational efficiency and strengthen its competitive position within the global media and entertainment industry. Mr. Vikas Rathee has more than 25 years of experience in Corporate Finance, TMT (Telecom, Media and Technology) Investment Banking, Capital Markets, and M&A across the US, Europe, and Asia. He has been associated with the Company and its subsidiaries for over 12 years.
Mr. Rathee served as the Chief Financial Officer of the Company from August 1, 2014, to February 14, 2018, and has been the Chief Financial Officer of DNEG, the Company?s principal operating subsidiary, since May 2015. He was previously associated as the Head - Corporate Finance and M&A at Suzlon Energy Limited, Principal - TMT Investment Banking at Bank of America Merrill Lynch, and Executive Director - TMT Investment Banking at ABN AMRO.
















