Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Prism Johnson has informed that the Board of Directors of the Company, at its meeting held today, has approved an investment not exceeding ? 40 Crores in the Equity and/or Redeemable Preference Shares capital of KUS Renewable (‘KUS’). KUS is a Special Purpose Vehicle incorporated by Purvah Green Power (‘PGPPL’), which is a subsidiary of Calcutta Electric Supply Corporation (‘CESC’). KUS will set up a 49.5 MW Captive Wind Power Project to supply dedicated renewable power to the cement plant of the Company located at Satna, Madhya Pradesh on the terms and conditions of the Power Purchase Agreement proposed to be entered into between the Company and KUS. This will further integrate sustainability initiatives of the Company with operational excellence by increasing renewable energy utilisation, improving energy efficiency, and enhancing resource optimisation, thereby meeting its Environmental, Social, and Governance (ESG) targets. Details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are provided in the enclosed Annexure. The meeting commenced at 09.30 AM and concluded at 09.52 AM.
The above information is a part of company’s filings submitted to BSE.
