MoneyWorks4Me

Prism Johnson has received an approval for divestment of its entire holding of 51% of the paid-up equity share capital in Raheja QBE General Insurance Company (RQBE), a material subsidiary, to QORQL, for an aggregate consideration of Rs 289.68 crore. Post the divestment, RQBE will also cease to be a subsidiary of the Company.

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).

Peers
Company Name CMP
Ultratech Cement 11066.00
Ambuja Cements 358.00
ACC 1158.55
Shree Cement 22749.55
Dalmia Bharat 1595.05
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