Prism Johnson has acquired 3700 equity shares of Rs 10 each aggregating to Rs 37,000 constituting 27% in the total paid-up equity share capital of CSE Solar Parks Satna. The object of the acquisition is to reduce overall cost of production by setting up captive solar power project.
CSE Solar is engaged in the business of providing solar power solutions comprising of consulting, design, engineering, fabrication, installation, commissioning and monitoring of distributed rooftop solar power plants primarily for captive consumption of commercial and industrial customers in India.
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).