Prism Cement (Prism Cement) also has raised Rs 200 crore by issuing non-convertible debentures.
The company has secured a Rs 10 lakh, rated, listed, taxable, non-convertible debentures issued. These debentures mature on April 29, 2020 at the coupon rate of 9.25%.
BSE, Prism Cement shares closed Tuesday's level of Rs 87.65 against Rs 87.80 open today with a marginal gain. After beginning the day with a slight edge initially went down to the red line. Around 12:40 pm, the stock fell by 1.77% or Rs 1.55 at Rs 86.10 running.
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