Prism Johnson has received an approval for raising of funds through issue of Unsecured, Redeemable, Listed, Taxable, Non-convertible Debentures, Tranche - XVI (NCDs) of face value of Rs 10 lakh aggregating Rs 50 crore on private placement basis.
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).