Prism Johnson has received an approval for raising funds worth Rs 115 crore through issue of Unsecured, Redeemable, Listed, Taxable, Non-convertible Debentures, Tranche - NCDs of face value of Rs 10,00,000 on private placement basis. The Board of Directors of the company at their meeting held on July 5, 2019, 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).