Corporate News 06-Jul-20
Prism Johnson to hike stakeholding in Sanskar Ceramics
from 35% to 50%
Prism Johnson has agreed to acquire 35,00,000 equity shares at a price of Rs 37 each aggregating to Rs 12.95 crore, constituting 35% in the total paid-up equity share capital of Sanskar Ceramics. The Company presently holds 15% of the paid-up equity share capital in Sanskar. Subsequent to the aforesaid investment, the shareholding of the Company in Sanskar would increase to 50%.
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