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As on : 05-Nov-2026

Corporate News
05-Nov-2026 21:03

Double Negative Films acquires 2.41% stake in Ánima Kitchent Canarias for Rs 33 crore

Prime Focus Limited announced that its indirect subsidiary, Double Negative Films Limited, further acquired 31,18,865 equity shares in Ánima Kitchent Canarias, S.L., increasing DNFL’s shareholding in Anima by 2.41% and resulting in DNFL holding 50.86% of Anima. The acquisition, completed on November 4, 2026, involved a cash consideration of Rs 33,04,74,935, and provides access to Spanish animation production capabilities and markets, including a partnership with Sociedad Española para la Transformación Tecnológica, which has committed a total investment of Euro 24.9 million in Ánima Kitchent Canarias, S.L. Ánima Kitchent Canarias, S.L., founded in 2014, reported a turnover of Rs 92 crore in 2025, Rs 65 crore in 2024, and Rs 59 crore in 2023.

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