Prism Cement is planning to raise funds through issue of Unsecured, Rated, Listed, Non-convertible Debentures (NCDs) - Tranche X, on private placement basis. The meeting of the Board of Directors of the company is scheduled to be held on April 7, 2018, to consider the same.
The company is also planning to repurchase zero coupon, Secured, Rated, Listed, Redeemable Non-convertible Debentures (NCDs), Tranche - IV, Series ‘B’, aggregating to Rs 50 crore.
Prism Cement is a building materials company. The company has interest in Portland cement, tiles, bathroom and kitchen (TBK) and ready mixed concrete (RMC).
