Prism Johnson Ltd - 500338 - Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Outcome Of Board Meeting
We wish to inform you that the Board of Directors at its meeting held today had approved the terms and conditions of the Definitive Agreements to be executed with The Ramco Cements Limited (''TRCL'') in relation to sale of certain freehold land parcels aggregating 1420.72 acres approximately (land parcels) located in the villages of Kotapadu and Kalavatla, Kolimigundla Mandal, Nandyal District, Andhra Pradesh along with compensation for release of rights in Government alienated land and pre-operative expenses, interest thereon, etc. The Board has also approved the transfer of a mining lease granted by the Government of Andhra Pradesh to TRCL over an extent of 663.46 Ha. (Mining Lease) located in the villages of Kotapadu and Kalavatla, Kolimigundla Mandal, Nandyal District, Andhra Pardesh.08-07-2023