Prism Johnson has received an approval for raising of funds through issue of Unsecured, Redeemable, Listed, Taxable, Non-convertible Debentures, Tranche - XVIII (NCDs) of face value of Rs 10,00,000 each, aggregating to Rs 95 crore on private placement basis. The Board of Directors of the company has, at its meeting held on August 13, 2021, has 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).