Prism Johnson Limited Approves Multi-Tranche Fund Raising of Up to ₹1,750 Crores
Prism Johnson Limited announced that its Board of Directors, during a meeting held on May 14, 2026, approved significant proposals for raising capital through various public and private market instruments. The company has plans to raise funds across two major tranches: one through equity/debt securities and another through non-convertible debentures.The Board resolution provides the framework for Prism Johnson Limited to raise up to ₹500 Crores by way of a further public issue. This capital raise involves creating, offering, issuing, and allotting various securities, including equity shares, equity linked instruments, convertible preference shares, nonconvertible debt instruments, warrants, fully convertible debentures, and partly convertible debentures. The funds can be raised through multiple methods, including a further public issue, private placement, qualified institutions placement, preferential issue, or a rights issue.
In a separate, substantial proposal, the company also received Board approval to raise funds up to ₹1,250 Crores. This amount is earmarked for the issuance of Secured/Unsecured Redeemable Non-convertible Debentures, including bonds and other debt securities, primarily through a private placement basis.
The company plans to move forward with these large-scale fundraising efforts in multiple tranches and through one or more issuances.
Summary of Proposed Fund Raising Amounts
The following table summarizes the maximum financial size approved by the Board of Directors for the proposed fund raises:| Fund Purpose | Instrument Type | Maximum Aggregate Amount |
|---|---|---|
| Further Capital Raise | Equity/Debt Securities (Shares, Debentures, Warrants) | Not exceeding ₹ 500 Crores |
| Debt Funding | Non-convertible Debentures / Debt Securities | Not exceeding ₹ 1,250 Crores |
The Board of Directors further stipulated that the Company will seek the approval of its shareholders for these comprehensive fund raising proposals and associated actions at the ensuing Annual General Meeting.
PRSMJOHNSN Stock Price Movement
Prism Johnson Limited shares today slipped by 0.45% to settle at ₹125.61. Trading volume for the day reached 1.55 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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