Prism Cement has raised funds by issue of Unsecured, Rated, Listed, Non-convertible Debentures (NCDs), Redeemable Taxable Debentures -Tranche X (NCDs) of face value of Rs 10,00,000 aggregating Rs 75 crore on private placement basis.
The date of allotment of the NCDs is April 11, 2018, with tenure of 36 months and the date of maturity is April 09, 2021.
Prism Cement is a building materials company. The company has interest in Portland cement, tiles, bathroom and kitchen (TBK) and ready mixed concrete (RMC).