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

Ramesh Damani, Madhusudan Kela-owned Singularity AMC, and Utpal Sheth are among five investors who have acquired a 3.3% stake in Prime Focus Ltd for ₹146.2 crore via block deals on September 5. Prime Focus shares saw a gap-up opening on Friday and closed with a 10% upper circuit at ₹158.37 on the NSE, especially after more than a week of consolidation.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% stake) in Prime Focus, which provides visual effects and animation services provider to film, television, and advertising clients worldwide, at ₹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 the same price. Among others, FE Securities and Samyak Enterprises bought 14.55 lakh shares at the same price.

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On the other side, Marina IV (Singapore) and Marina IV sold 48.06 lakh shares (1.55% stake) in Prime Focus, while Augusta Investments I offloaded 54.48 lakh shares (1.75% stake) at the same price. As of June 2025, Augusta Investments I had held an 8.86% stake, and Marina IV (Singapore) had 7.55% shares in the company.Tourism Finance Corporation of India was also in focus, rising 1.62% to Rs 346.05, and continuing its upward journey for the fifth consecutive session with above-average volumes, taking the total weekly gains to 15%.

Aditya Kumar Halwasiya, the Non-Executive Director on the Tourism Finance Corporation board, has acquired 6.7 lakh shares in the company at ₹346 per share, and 5.3 lakh shares at ₹345.53 per share, totalling to 1.29% stake worth ₹41.49 crore.

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Further, promoter entity Auv Innovations LLP acquired 50 lakh shares (0.8% stake) in Zee Media Corporation at ₹12.37 per share from Miloeux Media & Entertainment. The stock was up 0.5% to close at ₹12.31 on Friday.