Sale of Shares
Prism Cement Ltd has informed BSE that Prism Trust has sold its entire holding of 1,23,51,600 equity shares held in the Company. The Company is the beneficiary of the Trust. The Prism Trust, which was formed in March 2010, was created after the merger of erstwhile H. & R. Johnson (India) Limited and erstwhile RMC Readymix (India) Private Limited with the Company. The Trust will realise approximately Rs. 88 crores, at an average price of about Rs. 71.50 per share. Change in Directorate
Prism Cement Ltd has informed BSE that Mr. Satish Raheja has resigned as Director of the Company with immediate effect and consequently, Mr. Akshay Raheja who was appointed as Alternate to Mr. Satish Raheja has ceased to be an Alternate Director with immediate effect. Financial Results along with Investor Update & Investor Presentation for March 31, 2014 (Audited)
Prism Cement Ltd has informed BSE about the Financial Results along with Investor Update & Investor Presentation for the period ended March 31, 2014. Notice of Postal Ballot
Prism Cement Ltd has informed BSE that the members of the Company will consider to approve the resolutions, by way of Postal Ballot. Outcome of Board Meeting
Prism Cement Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 10, 2014, has decided to seek approval of Members of the Company by way of Postal Ballot pursuant to Section 110 of the Companies Act, 2013 read with Rule 22 of Companies (Management and Administration) Rules, 2014 in respect of the following matters:... 11.20% Secured Redeemable Non Convertible Debenture (NCDs)- Series -II
Pursuant to the terms and conditions of Information Memorandum dated June 14, 2011 and Debenture Trustee Agreement dated June 23, 2011, Prism Cement Ltd has informed BSE that out of the privately placed issue of 750, 11.20% Secured Redeemable Non Convertible Debenture (NCDs) - Series - II of Rs. 10,00,000/- each aggregating to Rs. 75 Crores, the Company has repurchased 450 NCDs aggregating to Rs. 45 Crores offered by the debentureholders. Revised Shareholding Pattern For March 31, 2014
With reference to earlier announcement dated April 05, 2014 regarding Shareholding Pattern For March 31, 2014, Prism Cement Ltd has now submitted to BSE revised Shareholding pattern, in the prescribed format, for the quarter ended March 31, 2014 duly corrected Promoter & Promoter Group Shareholding. Shareholding Pattern for March 31, 2014
Prism Cement Ltd has informed BSE about the Shareholding Pattern for the Quarter ended March 31, 2014. Updates
Prism Cement Ltd has informed BSE that the Company has started production of coal at the Prism Coal Mine in Chhindwara, Madhya Pradesh. The Company has been granted all statutory clearances for the operation of the Coal Mine.The mined coal will be used for captive consumption of the cement plant located at Satna, Madhya Pradesh.