PRIME FOCUS TO RAISE INR 330 CRORE VIA ISSUE OF EQUITY WARRANTS AT A ~6% PREMIUM TO MARKET PRICE

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December 7, 2017

PRIME FOCUS TO RAISE INR 330 CRORE VIA ISSUE OF EQUITY WARRANTS AT A ~6% PREMIUM TO MARKET PRICE

PROMOTER’S STAKE TO INCREASE TO ~40% POST CONVERSION

PROCEEDS TO BE USED TOWARDS DEBT REDUCTION

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