Prism Johnson Board Approves Fund Raising of Up to ₹500 Crores via Equity Securities and ₹1,250 Crores via NCDs

The Board of Directors of Prism Johnson Limited convened a meeting on May 14, 2026, and approved two significant fund-raising proposals pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 10.30 a.m. and concluded at 01.40 p.m. The approvals follow an earlier intimation dated May 8, 2026, and are subject to shareholder approval at the ensuing Annual General Meeting, along with all applicable statutory and regulatory approvals.

Fund-Raising Proposals at a Glance

The board approved two distinct fund-raising avenues, covering both equity and debt instruments. The key parameters of each proposal are summarised below:

Parameter: Equity / Equity-Linked Securities Non-Convertible Debentures (NCDs) Securities Type: Equity shares, convertible preference shares, non-convertible debt instruments with warrants, fully/partly convertible debentures, warrants, or other eligible securities Secured/Unsecured Redeemable Non-convertible Debentures, including Bonds and/or other Debt Securities Aggregate Amount (Not Exceeding): ₹500 Crores ₹1,250 Crores Mode of Issuance: Further public issue, private placement, qualified institutions placement, preferential issue, rights issue, or any combination thereof Private Placement basis Tranches: One or more tranches and/or one or more issuances One or more tranches/series Type of Issuance (Specific): To be decided by the Board of Directors or Fund Raising Committee from time to time Preferential Allotment Investor Details: To be decided by the Board of Directors or Fund Raising Committee from time to time To be decided by the Board of Directors at the relevant time of issuance

Equity and Equity-Linked Securities

Under the first proposal, the board approved the creation, offer, issuance, and allotment of equity shares and equity-linked instruments for an aggregate amount not exceeding ₹500 Crores. The instruments covered under this proposal include:

Equity shares

Convertible preference shares

Non-convertible debt instruments along with warrants

Fully convertible debentures

Partly convertible debentures

Warrants entitling holders to apply for equity shares

Any other eligible securities

The issuance may be carried out through a further public issue, private placement, qualified institutions placement, preferential issue, rights issue, or any permissible combination thereof, in one or more tranches. The specific mode of issuance will be determined by the Board of Directors or the Fund Raising Committee of the company from time to time. The proposal is in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended.

Non-Convertible Debentures

The second proposal authorises the issuance of Secured/Unsecured Redeemable Non-convertible Debentures (NCDs), including Bonds and/or other Debt Securities, on a private placement basis for an aggregate amount not exceeding ₹1,250 Crores. The NCDs may be issued in one or more tranches or series to eligible investors. The issuance is in accordance with the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Securities) Regulations, 2021, as amended. Specific details pertaining to the size, listing, tenure, coupon/interest, and security/charge over assets will be decided by the Board of Directors at the time of issuance.

Shareholder and Regulatory Approvals

Both fund-raising proposals are subject to the approval of the company's shareholders, which will be sought at the ensuing Annual General Meeting. Additionally, all applicable statutory and regulatory approvals are required before the proposals can be implemented. The disclosures have been made in compliance with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, with detailed annexures submitted to the stock exchanges as required under Regulation 30 of the SEBI LODR.

Prism Johnson Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at its meeting held on May 14, 2026.

Standalone Financial Performance

For the financial year ended March 31, 2026, the company reported a net profit of ₹55.99 Crores, a significant turnaround from the net loss of ₹102.19 Crores recorded in the previous year. Total income for the year rose to ₹7,355.47 Crores from ₹6,857.05 Crores in FY25. Revenue from operations stood at ₹7,254.41 Crores, compared to ₹6,697.40 Crores in the prior year.

However, for the quarter ended March 31, 2026, the company reported a net loss of ₹47.44 Crores. This was primarily due to exceptional items amounting to ₹79.03 Crores, largely attributed to the impairment of investment in Raheja QBE General Insurance Company Limited. Excluding exceptional items, the profit before tax for the quarter was ₹23.98 Crores.

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹30.01 Crores for FY26, compared to ₹45.11 Crores in the previous year. Total consolidated income for the year increased to ₹7,415.68 Crores from ₹6,939.63 Crores. For the quarter, the consolidated net loss was ₹15.95 Crores.

Key Financial Metrics

The following table summarizes the standalone financial performance for the year:

Particulars Year ended March 31, 2026 (₹ Crores) Year ended March 31, 2025 (₹ Crores) Total Income 7,355.47 6,857.05 Total Expenses 7,296.39 6,960.29 Net Profit / (Loss) 55.99 (102.19) Earnings Per Share (₹) 1.11 2.03

Exceptional Items and Subsidiary Sale

The board noted that the sale of the company's entire shareholding in Raheja QBE General Insurance Company Limited to QBE Holdings (AAP) Pty Limited is subject to shareholder and regulatory approvals. As the transaction was not concluded by March 31, 2026, the investment was classified as a non-current asset held for sale, leading to the impairment charge.

Segment Performance

The company operates across three main segments: Cement, HRJ, and RMC. The Cement segment reported a revenue of ₹3,405.10 Crores for the year, while the HRJ and RMC segments reported revenues of ₹2,391.66 Crores and ₹1,533.60 Crores respectively.

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