Prime Focus Appoints Shalini Govil Pai as Independent Director

Prime Focus Limited has announced the appointment of **Shalini Govil Pai** as an Independent Director, effective **November 12, 2025**, following a meeting of the Board of Directors held on the same d

12 November 2025
5 min read

Prime Focus Limited has announced the appointment of Shalini Govil Pai as an Independent Director, effective November 12, 2025, following a meeting of the Board of Directors held on the same day. The decision, which is subject to shareholder approval, aligns with the recommendations from the Nomination and Remuneration Committee. This strategic move comes as part of a broader restructuring within the company, which also saw the resignation of Merzin Darayus Tavaria as a Non-Executive Director and Nishant Avinash Fadia as Chief Financial Officer (CFO), both effective November 12, 2025, citing other professional commitments.

In the same board meeting, the company approved its unaudited financial results for the second quarter and half-year ending September 30, 2025. The report shows a total income of ₹116.75 crore, with a loss before tax of ₹244.75 lakh, reflecting a challenging financial landscape. Prime Focus has also taken proactive steps to address leadership gaps by appointing Vikas Rathee as the new CFO, effective November 13, 2025, and confirming that Nishant Fadia will transition to an Additional Non-Executive Director role, effective on the same date.

The financial report reveals that Prime Focus has faced notable challenges, reporting a net loss of ₹183.72 lakh for the period while grappling with high operational costs. The total assets of the company stand at ₹780.18 crore, with equity totaling ₹708.84 crore. Despite these challenges, the company is focused on strengthening its governance and operational efficiency through new appointments and strategic management decisions, as it seeks to enhance shareholder value and navigate the evolving media and entertainment industry landscape.