Prism Johnson Limited — Important, 22-10-2024: General Updates

Prism Johnson Limited has acquired 15,308,418 equity shares of ₹10 each at a premium of ₹5 per share, totalling ₹22.96 crore, in its subsidiary, Raheja QBE General Insurance Company Limited, through a rights issue. This investment does not change the company's shareholding percentage in RQBE. RQBE operates in the general insurance industry, with reported turnovers of ₹316 crore, ₹396 crore, and ₹393 crore over the past three years.