Prism Johnson has received an approval for raising of funds through issue of Unsecured, Redeemable, Listed, Taxable, Non-convertible Debentures, Tranche - XV (NCDs) of face value of Rs 10,00,000, aggregating Rs 84 crore on private placement basis. The Board of Directors of the company at its meeting held on January 24, 2020, 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).