Prism Johnson shines on getting nod to raise Rs 500 crore
Prism Johnson is currently trading at Rs. 127.65, up by 2.40 points or 1.92% from its previous closing of Rs. 125.25 on the BSE.
The scrip opened at Rs. 125.00 and has touched a high and low of Rs. 128.40 and Rs. 124.95 respectively. So far 23690 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 172.15 on 22-Sep-2025 and a 52 week low of Rs. 115.70 on 02-Mar-2026.
Last one week high and low of the scrip stood at Rs. 131.65 and Rs. 123.90 respectively. The current market cap of the company is Rs. 6322.16 crore.
The promoters holding in the company stood at 74.87%, while Institutions and Non-Institutions held 9.60% and 15.53% respectively.
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.
