BANGALORE BEIJING CAPE TOWN CHANDIGARH DELHI GOA HYDERABAD JOHANNESBURG KOLKATA LONDON LOS ANGELES MUMBAI NEW YORK SINGAPORE TORONTO VANCOUVER

September 15, 2020

To, To, The National Stock Exchange of India Limited BSE Limited Listing Department, Listing Department, Exchange Plaza, Bandra Kurla Complex Phiroze Jeejebhoy Towers, Bandra East, Dalal Street, Mumbai - 400 051 Mumbai - 400 001 Fax Nos.: 26598237/26598238 Fax Nos.: 22723121/2037/2039

Dear Sir/ Madam,

Ref.: Scrip code: BSE — 532748/NSE – PFOCUS

Sub.: Outcome of Board Meeting of Prime Focus Limited (the "Company") held on September 15, 2020

With reference to our letter dated September 8, 2020 and pursuant to Regulations 30 (2) and Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended thereto (the "Listing Regulations"), we would like to inform you that a meeting of Board of Directors of the Company (the "Board") was held today i.e. on Tuesday, September 15, 2020, and the Board has inter alia:

Considered and approved the Un-audited (Standalone and Consolidated) Financial Results of the Company for the first quarter ended June 30, 2020 as recommended by the Audit Committee.

A copy of Unaudited Financial Results and the Limited Review Report received from the Statutory Auditors viz. M/s Deloitte Haskins& Sells, Chartered Accountants on the Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2020 are enclosed herewith.

Further, the financial results are made available on the Company's website at www.primefocus.com and will be published in newspapers as required under the 'Listing Regulations.

Designated Mr. Naresh Malhotra (DIN: 00004597), Chairman and Whole-Time Director of the Company as the Key Managerial Personnel of the Company pursuant to the provisions of Section 203 of the Companies Act, 2013, based on the recommendation of Nomination and Remuneration Committee.

The details as required under Listing Regulations and SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015 are enclosed herewith this letter.

Further on account of aforesaid change in terms of Regulation 30(5) of Listing Regulations, Mr. Naresh Malhotra, Key Managerial Personnel of the Company is also authorized to determine the materiality of an event or information and disclose the same to the Stock Exchanges.

Considered and approved the revised 'Internal Code of Conduct to Regulate, Monitor and Reporting of Trading by designated persons' and 'Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information' as per SEBI (Prohibition of Insider Trading) Regulations, 2015 and amendments thereto. The revised Code is being uploaded on the website of the Company, viz. www.primefocus.com.

The meeting of the Board commenced at 03:30 P.M. and concluded at 06:00 P.M.

Kindly take the above on your record and acknowledge the receipt of the same.

Thanking You,

FOR PRIME FOCUS LIMITED

PARINA SHAH COMPANY SECRETARY & COMPLIANCE OFFICER

Encl.: a/a

BANGALORE BEIJING CAPE TOWN CHANDIGARH DELHI GOA HYDERABAD JOHANNESBURG KOLKATA LONDON LOS ANGELES MUMBAI NEW YORK SINGAPORE TORONTO VANCOUVER

Annexure

Disclosure of information pursuant to Regulation 30 of Listing Regulations read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015

S. No.	Particulars	Information
1	Reasonforchangeviz.,appointment, resignation, removal,	DesignatedMr.NareshMalhotra(DIN:00004597)ChairmanandWhole-Time
	death or otherwise;	DirectoroftheCompanyastheKeyManagerialPersonneloftheCompanypursuant to the provisions of Section 203 ofthe Companies Act, 2013
2	Date of appointment/cessation (asapplicable) & term of appointment	September 15, 2020
3	Briefprofile(incaseofappointment)	Mr. Naresh Malhotra is Chairperson andWhole-timeDirectoroftheCompany.Aveteran in the Indian M&E industry, bestknown for producing the Amitabh Bachchanstarrer Shahenshah, He realized early thepotentialboomintheIndiantelevisionindustry. He set up India's first digital audiostudio in 90s and also started providingequipment rental services to TV and ad filmmakers.
4	Disclosure of relationships betweendirectors	Mr. Naresh Malhotra and Mr. Namit Malhotra(Non-Executive Director) are related to eachother by way of father and son relationship.

Deloitte Haskins &: Sells

chartered Accountants 401 • 404, OCEAN Sarabhai Compound Near Centre Square Mall Dr. Vikram 5.Jr.Jbh.::il t.brg Vadodara - 390 023 Gujarat, India

Tel: +91 265 616 7100

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM STANDALONE FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF PRIME FOCUS LIMITED

1. We have reviewed the accompanying Statement of Standalone Unaudited Financial Results of PRIME FOCUS LIMITED ("the Company") for the quarter ended June 30, 2020 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
1. This Statement, which is the responsibility of the Company's Management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (!CAI). A review of interim financial information consists of making inquiries, primarily of the Company's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.
1. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement.

For DELOITIE HASKINS & SELLS Chartered Accountants (Firm's Registration No. 117364W)

Abhijit A Damle (Partner) (Membership No. 102912) (UDIN: 20102912AAAAEU6267)

Place: MUMBAI Date: September 15, 2020

Deloitte Haskins & Sells

chartered Accountants 401 • 404, OCEAN Sarabhai Compound Near Centre Square Mall Dr. Vikram S.:ir.Jbho:il M.'.lrg Vadodara • 390 023 Gujarat, India

Tel: +91 265 616 7100

INDEPENDENT AUDITOR'S REVIEW REPORT ON REVIEW OF INTERIM CONSOLIDATED FINANCIAL RESULTS

TO THE BOARD OF DIRECTORS OF PRIME FOCUS LIMITED

1. We have reviewed the accompanying Statement of Consolidated Unaudited Financial Results of PRIME FOCUS LIMITED ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group"), for the quarter ended June 30, 2020 ("the Statement") being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
1. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.
1. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India (!CAI). A review of interim financial information consists of making inquiries, primarily of Parent's personnel responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Companies Act, 2013 and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33(8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

1. The Statement includes the results of the following entities:
- Prime Focus Limited
- Dneg India Media Services Limited
- De-Fi Media Limited
- Prime Focus Technologies Limited
- Prime Focus Technologies UK Limited
- Prime Focus MEAD FZ LLC
- Prime Post (Europe) Limited
- Prime Focus Technologies Inc.