YEAR EVENTS 1992 - The Company was incorporated under the name and style of Karan Cement Limited on 26th March, by Dr. B.V Raju and his associates. 1993 - A Joint Venture Agreement has been executed on 16th April, between Mr. Rajan Raheja, F.L. Smidth & Co., A/S, Denmark and The Industrialisation Fund for Developing Countries, Denmark for promoting a project for setting up and operating a 2 million tonnes per annum cement plant by the Company. 1994 - The name of the Company was subsequently changed to Prism Cement Limited and a fresh Certificate of Incorporation consequent on change of name was obtained on 15th September. - The Company is presently engaged in setting up a 2 million tonnes per annum cement plant near Satna in Madhya Pradesh. - The Company is installing Generating Power Sets of 12 MVA capacity. - The Company has obtained the Madhya Pradesh Pollution Control Board's clearance and the Site Environment clearnace from the Industries Department, Government of Madhya Pradesh for establishing the plant at the selected site. - The Company has allotted 3,50,00,000 No. of Equity Shares of Rs 10 each for cash at par to Promoters, their business associates and to the Directors and friends. 1995 - The Company made its maiden public issues of 7,87,60,000 equity shares of Rs. 10/- each, at par, aggregating Rs. 7,876 lakhs and 37,00,000 13.5% secured redeemable partly convertible debentures (PCD) of Rs. 250/- each, at par, aggregating Rs. 9,250 lakhs in the month of January. - The Company has tied up its full requirement of term loans of Rs. 24,300 lakhs with financial institutions and banks. The Company has signed a foreign currency loan agreement with International Finance Corporation, Washington and a Rupee term loan agreement with The Industrial Credit and Investment Corporation of India Limited. 1996 - The Company has signed loan agreements with all Financial Institution/Banks who have sanctioned term loans. - It is proposed to issue upto 1,66,70,000 Equity Shares of Rs.10/- each for cash at a price to be determined as per SEBI guidelines or at par, whichever is higher, on preferential basis to the Indian promoters and/or their relatives, group/associate Companies, whether such persons are members of the Company or not, as may be deemed appropriate by the Board. 1997 - The company, jointly promoted by the Rajan Raheja group, F L Smidth & Co of Denmark and the industrialisation fund for Developing Countries, Denmark, is believed to have the largest single kiln cement plant in the country. - The company proposes to cater mainly to north and central India. It has set up a central marketing office at Allahabad in Uttar Pradesh (UP), which is supported by regional offices at Satna, Varanasi (UP) and Delhi. Besides, it has also set up area offices and depots at all major towns of UP, MP and Bihar. - As on September 22, 121 issuers have entered into agreements with NSDL to get their securities dematerialised. 1998 - Prism Cements of the Raheja group, which owns a two million tpa cement plant at Satna in Madhya Pradesh, in setting up another plant of similar capacity at Kottapadu village in Kurnool district of Andhra Pradesh. - The Madhya Pradesh-based group has chosen to set up the plant in Kurnool district, keeping in view the large limestone deposits the district possesses. 1999 - Prism Cement is all set to ride the boom in the cement industry. - The Company will introduce a new product by January 2000 and will also plan to expand our operations in southern India by 2002. - The company has improved its capacity utilisation from 33 per cent to 70 per cent, reduced its power consumption and costs and tightly consumption and costs and tightly monitored the freight cost. - The company's performance in the second quarter will not be impressive as the plant was shut for 20 days in September for maintenance and the demand was also depressed owing to the monsoons. 2000 - The Board of Directors of the company has decided, subject to necessary approvals, to increase authorised capital from Rs. 300 crores to Rs. 400 crores made of 40 crores equity shares of Rs. 10/- each and Issue of equity shares at a price as per SEBI Guidelines or at par, whichever is higher, by way of private placement, preferential or by a combination thereof to the Indian promoters and/or their group/associate companies. - The Company increase in authorised capital from Rs 300 crores to Rs. 325 crores. - The Company has allotted 4,11,45,000 No. of equity shares of Rs 10 each at par to Mr. Rajan Raheja, promoter, by converting the existing loan amounting to Rs 41,14,50,000 advanced by him to the company. - Prism Cements Ltd. will allot 1,37,000 No. of equity shares at par to its Indian promoter, Rajan Raheja. 2001 - The company has allotted 1,37,000 No. of equity shares of the face value of Rs 10 each at par to Mr Rajan Raheja. 2003 -Appoints Mr M Chabbra as the Managing Director of the company 2004 -Company's shares delisted from Delhi Stock Exchange & Hyderabad Stock Exchange 2006 -Prism Cements Ltd has appointed Mr. Akshay R. Raheja as Additional Director w.e.f. October 30,2006. -Prism Cement Ltd has informed that Mr. Ramen Ray Mandal has resigned as Nominee of ICICI Bank Ltd on the Board of Directors of the Company w.e.f. December 14, 2006. 2007 -The Company has recommended dividend of 10% on Equity shares of Rs 10/- each. 2008 -Company has declared an interim dividend of 10%. -Company has Recieved National Energy Conservation Award - 2008 2009 -Company has recommended a final dividend of Re 0.50/- per equity share of Rs 10/- each, in addition to the interim dividend of Re 1/- per share paid in October 2008. 2010 -Company has announced that it has acquired the remaining 50 per cent stake in Milano Bathroom Fittings (MBF) for an undisclosed sum. 2011 -The Company has signed an Agreement for Mining, Development and Operation of its Sial Ghogri Coal Block near Chhindwara, Madhya Pradesh with M/s. India Resources Ltd, Australia and its wholly owned Indian subsidiary IRL Coal India Pvt Ltd. -H & R Johnson (India) acquires 50% stake in Small Tiles Private Ltd. 2012 -H&R Johnson (HRJ), a division of Prism Cement Ltd has forayed into engineered marble and quartz business with an investment of Rs 50 crore for the manufacturing of the new product line. - The Company has recommended a Dividend of Rs. 0.50 per share. 2013 -Prism Cement Ltd has commenced clinker production with the new Blending Silo at Unit II, Satna. 2014 -Prism Cement has started production of coal at the Prism Coal Mine in Chhindwara, Madhya Pradesh. 2016 -Prism Cement Ltd has informed BSE that the Company has acquired 15.23% equity stake for Rupees 21 Crores in BLA Power Private Limited. - Prism Cement rises 3% on acquiring stake in BLA Power 2017 - Prism Cement JV company, has successfully completed the expansion of 4.2 million m2 (MSM) per annum Vitrified Tiles capacity at its Dhuva plant, Morbi. -Prism Cement JV completes expansion of Vitrified Tiles capacity 2018 -Company name has been changed from Prism Cement Ltd. to Prism Johnson Ltd. -Prism Johnson Limited has inform that the Company has agreed to acquire upto 30% equity stake for approximately ` 10 Crores in a special purpose vehicle (??SPV??) to be incorporated together with CSE Development (India) Pvt. Ltd. -Prism gets lime stone mines lease in Madhya Pradesh. 2019 -Prism Johnson Limited has informed the Exchange regarding 'Scheme of Arrangement and Amalgamation amongst Prism Johnson Limited, H. & R. Johnson (India) TBK Limited, -Company has agreed to acquire upto 30% equity stake for approximately ` 2 Crores in Sunspring Solar Private Limited ('Sunspring Solar'), a subsidiary of Cleantech Solar Energy (India) Private Limited. 2021 -Prism Johnson Limited has informed the Exchange regarding at its meeting held today considered, subject to requisite approvals, expansion of tile production capacity.' -Prism Johnson receives ratings action from India Ratings to 'Positive' from ' Stable. 2022 -Company has launched a new product, Prism Champion All Weather Cement. -Prism Johnson approves investment in captive wind power project. 2023 -'H & R Johnson (India) organised a mega product launched in Kolkata & showcased over 3,000 new product designs' proposed to be issued by the Company. .