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Prism Johnson Ltd

NSE: PRSMJOHNSN BSE: 500338

₹125.61

(0.38%)

Sat, 21 Mar 2026, 06:22 am

Company History

1992

  • The company was incorporated under the name and style of Karan Cement Limited.

1993

  • A joint venture agreement was executed with Mr. Rajan Raheja, F.L. Smidth & Co., A/S, Denmark, and The Industrialisation Fund for Developing Countries, Denmark.

1994

  • The company's name was changed to Prism Cement Limited.
  • The company obtained the Madhya Pradesh Pollution Control Board's clearance for establishing the plant.
  • The company installed generating power sets of 12 MVA capacity.
  • The company allotted 3,50,00,000 No. of equity shares of Rs 10 each for cash at par.

1995

  • The company made its maiden public issue of 7,87,60,000 equity shares and 37,00,000 secured redeemable partly convertible debentures.
  • The company tied up its full requirement of term loans with financial institutions and banks.

1996

  • The company signed loan agreements with all financial institutions and banks.
  • The company proposed to issue up to 1,66,70,000 equity shares on a preferential basis.

1997

  • The company set up a central marketing office at Allahabad in Uttar Pradesh.
  • The company proposed to cater mainly to north and central India.

1998

  • Prism Cements set up another plant of similar capacity at Kottapadu village in Kurnool district of Andhra Pradesh.

1999

  • The company improved its capacity utilisation from 33 per cent to 70 per cent.
  • The company planned to expand operations in southern India by 2002.
  • The company introduced a new product by January 2000.

2000

  • The Board of Directors decided to increase authorised capital from Rs. 300 crores to Rs. 400 crores.
  • The company increased authorised capital from Rs 300 crores to Rs. 325 crores.
  • The company allotted 4,11,45,000 No. of equity shares of Rs 10 each at par to Mr. Rajan Raheja.

2001

  • The company allotted 1,37,000 No. of equity shares of the face value of Rs 10 each at par to Mr Rajan Raheja.

2003

  • The company appointed Mr M Chabbra as the Managing Director.

2004

  • The company's shares were delisted from Delhi Stock Exchange and Hyderabad Stock Exchange.

2006

  • Prism Cements Ltd appointed Mr. Akshay R. Raheja as Additional Director.
  • Mr. Ramen Ray Mandal resigned as Nominee of ICICI Bank Ltd on the Board of Directors.

2007

  • The company recommended a dividend of 10% on equity shares of Rs 10 each.

2008

  • The company declared an interim dividend of 10%.
  • The company received the National Energy Conservation Award - 2008.

2009

  • The company recommended a final dividend of Re 0.50 per equity share of Rs 10 each.

2010

  • The company acquired the remaining 50 per cent stake in Milano Bathroom Fittings for an undisclosed sum.

2011

  • The company signed an agreement for mining, development, and operation of its Sial Ghogri Coal Block near Chhindwara, Madhya Pradesh.
  • H & R Johnson (India) acquired 50% stake in Small Tiles Private Ltd.

2012

  • H&R Johnson, a division of Prism Cement Ltd, forayed into engineered marble and quartz business with an investment of Rs 50 crore.
  • The company recommended a dividend of Rs. 0.50 per share.

2013

  • Prism Cement Ltd commenced clinker production with the new Blending Silo at Unit II, Satna.

2014

  • Prism Cement started production of coal at the Prism Coal Mine in Chhindwara, Madhya Pradesh.

2016

  • Prism Cement Ltd acquired 15.23% equity stake for Rupees 21 Crores in BLA Power Private Limited.

2017

  • Prism Cement's JV company successfully completed the expansion of 4.2 million m2 per annum Vitrified Tiles capacity at its Dhuva plant, Morbi.

2018

  • The company name was changed from Prism Cement Ltd. to Prism Johnson Ltd.
  • Prism Johnson Limited agreed to acquire up to 30% equity stake for approximately 10 Crores in a special purpose vehicle.
  • Prism Johnson received a limestone mines lease in Madhya Pradesh.

2019

  • Prism Johnson Limited informed the Exchange regarding a Scheme of Arrangement and Amalgamation amongst Prism Johnson Limited, H. & R. Johnson (India) TBK Limited.
  • The company agreed to acquire up to 30% equity stake for approximately 2 Crores in Sunspring Solar Private Limited.

2021

  • Prism Johnson Limited considered expansion of tile production capacity, subject to requisite approvals.
  • Prism Johnson received a ratings action from India Ratings to 'Positive' from 'Stable'.

2022

  • The company launched a new product, Prism Champion All Weather Cement.
  • Prism Johnson approved investment in a captive wind power project.

2023

  • H & R Johnson (India) organised a mega product launch in Kolkata and showcased over 3,000 new product designs.

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