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Prism Johnson gets nod to raise Rs 95 crore via NCDs

13 Aug 2021 Evaluate

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).

Peers
Company Name CMP
Ultratech Cement 10767.05
Ambuja Cements 387.60
ACC 1231.00
Shree Cement 22425.00
Dalmia Bharat 1723.00
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