Prism Johnson has received an approval for raising funds worth Rs 80 crore through issue of Secured, Non-convertible, Redeemable, Taxable, Listed Debentures, Tranche-XII (NCDs) on private placement basis.
The company has also received an approval for raising funds worth Rs 50 crore through issue of Unsecured, Non-convertible, Redeemable, Taxable, Listed Debentures, Tranche-XIII (NCDs) on private placement basis. The Board of Directors of the company at their meeting held on August 27, 2018, have considered and approved the same.
Prism Johnson (formally known as Prism Cement) is a building materials company. The company has interest in Portland cement, tiles, bathroom and kitchen (TBK) and ready mixed concrete (RMC).
