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HomeNewsBusinessMarketsRamesh Damani, Madhu Kela-owned Singularity AMC, 3 other investors acquire 3.3% stake in Prime Focus for Rs 146.2 crore
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Ramesh Damani, Madhu Kela-owned Singularity AMC, 3 other investors acquire 3.3% stake in Prime Focus for Rs 146.2 crore

Marina IV (Singapore) and Marina IV sold 48.06 lakh shares in Prime Focus, while Augusta Investments I offloaded 54.48 lakh shares at the same price.

September 05, 2025 / 21:29 IST
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Bulk, Block Deals on September 5

Ramesh Damani, Madhusudan Kela-owned Singularity AMC, and Utpal Sheth are among five investors who have acquired 3.3 percent stake in Prime Focus for Rs 146.2 crore via block deals on September 5.

Prime Focus shares saw gap-up opening on Friday and closed with 10 percent upper circuit at Rs 158.37 on the NSE, especially after more than a week of consolidation.

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Singularity Large Value Fund I, II and III, owned by veteran investor Madhusudan Kela and his son Yash Kela bought 62.5 lakh shares (equivalent to 2.01 percent stake) in Prime Focus, which provides visual effects and animation services provider to film, television, and advertising clients worldwide, at Rs 142.55 per share.

Other marquee investors Ramesh Shrichand Damani, and Utpal H Sheth acquired 8 lakh shares, and 17.5 lakh shares in the company at same price. Among others, FE Securities, and Samyak Enterprises bought 14.55 lakh shares at same price.