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Prism Johnson gets nod to raise Rs 500 crore
May-14-2026

Prism Johnson has received approval for raising further capital and to create, offer, issue and allot such number of equity shares and equity linked instruments, including convertible preference shares, nonconvertible debt instruments along with warrants, fully convertible debentures, partly convertible debentures, or warrants entitling the warrant holder(s) to apply for equity shares, or any other eligible securities through further public issue of equity/debt securities, and/or private placement and/or by way of one or more qualified institutions placement or preferential issue or a rights issue or through any other permissible mode, and/or any combination thereof, in one or more tranches and/or one or more issuances for an aggregate amount not exceeding to Rs 500 crore. The Board of Directors of the Company, at its meeting held on May 14, 2026, has inter alia 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).


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