Prime Focus Limited Appeal Listed Before NCLAT; Matter Adjourned to May 12, 2026
Prime Focus Limited provided an update regarding its ongoing appeal before the National Company Law Appellate Tribunal (NCLAT). The appeal, identified as Comp. App. (AT) (Insolvency) No. 850 of 2026, was listed on May 11, 2026, before the Hon'ble Chairperson, NCLAT, in New Delhi.The matter involves Nishant Avinash Fadia, the appellant, versus Raspalfa Services Private Limited and others, the respondents.
During the hearing on May 11, 2026, the NCLAT issued specific directions. The tribunal continued the interim order that had been issued on May 8, 2026. This order directs the Interim Resolution Professional not to take any further steps pursuant to the impugned NCLT order.
The matter has been formally adjourned to May 12, 2026, for further hearing. The proceedings were overseen by the Chairperson, Justice Ashok Bhushan, and Member (Technical), Justice Barun Mitra.
PFOCUS Stock Price Movement
Shares of Prime Focus Limited today slipped by 2.63% to close at ₹291.7. The stock traded on a total volume of 487,821 shares, finishing significantly above its daily low of ₹290.15.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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