Prism Johnson Limited — Others, 30-05-2025: Rescission/termination(s)

Prism Johnson has announced a board meeting to approve the financial results for the quarter and half-year. The company terminated its 24 MW captive wind power project for the Satna cement plant due to a material breach by ReNew Green (MPR Two) Pvt Ltd, ending agreements with ReNew entities. Prism Johnson can claim liquidated damages and termination payments and is considering further legal action. This affects the company’s renewable energy plans and may influence future operational expenses.