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PRISM JOHNSON LIMITED Seeks Shareholder Approval for Fund Raising up to Rs. 500 Crores

Strategic Insights

— 1 min read

PRISM JOHNSON LIMITED, a leading Indian company, has initiated a postal ballot for its shareholders to approve the raising of funds up to Rs. 500 Crores through various modes, including equity shares, debt instruments, and warrants. The company aims to utilize these funds for further growth and expansion. Shareholders who have registered their email addresses with the company or its Registrar & Transfer Agent/Depositories/Depository Participants will receive the postal ballot notice through electronic mode.

Key Takeaways:

  • The company seeks shareholder approval for raising funds up to Rs. 500 Crores through various modes, including equity shares, debt instruments, and warrants.
  • The funds will be utilized for further growth and expansion.
  • The remote e-voting period will commence from August 22, 2025, and end on September 20, 2025.
  • Shareholders who have registered their email addresses will receive the postal ballot notice through electronic mode.
  • The results of the postal ballot will be announced within 2 working days from the conclusion of the remote e-voting.
  • The notice along with the explanatory statement and instructions for remote e-voting is available on the company's website at www.prismjohnson.in and KFin's website at https://evoting.kfintech.com.

Statistics:

  • Rs. 500 Crores: the maximum amount of funds to be raised by the company.
  • August 22, 2025: the commencement date of remote e-voting.
  • September 20, 2025: the end date of remote e-voting.
  • 2 working days: the time frame for announcing the results of the postal ballot.
  • Rs. 500 Crores: the maximum amount of funds that can be raised by the company under this proposal.

Sources:

  • Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended
  • Ministry of Corporate Affairs circulars
  • KFin Technologies Limited (KFin)

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