Prism Johnson Approves ₹40 Crore Wind Investment; Shares Rise 0.23%

Mumbai, September 25: Prism Johnson has approved an investment of up to ₹40 crore in KUS Renewable Private Limited, a special purpose vehicle set up to develop a 49.5 MW captive wind power project in Madhya Pradesh.

The investment will give Prism Johnson voting equity representing at least 26.5% of KUS Renewable’s equity share capital, apart from the redeemable preference shares to be acquired.

Prism Johnson Approves KUS Renewable Investment

According to the exchange filing, the company’s board has approved the proposed acquisition of equity and/or redeemable preference shares in KUS Renewable Private Limited, or KUS.

KUS is a special purpose vehicle incorporated by Purvah Green Power Private Limited, a subsidiary of Calcutta Electric Supply Corporation (CESC) Limited. It plans to establish a 49.5 MW captive wind power project at Tehsil Alot in Ratlam district of Madhya Pradesh.

The project is intended to supply dedicated renewable power to Prism Johnson’s cement plant at Satna, Madhya Pradesh, under the terms of a proposed Power Purchase Agreement between Prism Johnson and KUS.

Prism Johnson Share Price Rises 0.23%

ThePrism Johnson share price was at ₹115.51 as of 10:04 AM IST on September 25, 2026, according to the market data shown.

The stock was up ₹0.27, or 0.23%, at the latest available timestamp. Shares moved around the ₹115 level through the morning session before rising towards ₹116.50 and subsequently settling at ₹115.51.

The market movement came as Prism Johnson disclosed the board-approved investment in the renewable power SPV.

49.5 MW Captive Wind Project To Supply Cement Plant

The proposed wind project is designed to provide dedicated renewable electricity to Prism Johnson’s cement manufacturing facility in Satna.

The company said the investment is aimed at securing access to lower-cost renewable power while reducing the cost of cement production. It also forms part of Prism Johnson’s broader efforts to increase renewable energy usage and improve energy efficiency.

The project is expected to strengthen the company’s renewable power sourcing while supporting its environmental, social and governance objectives.

Prism Johnson To Acquire At Least 26.5% Voting Equity

Under the approved transaction, Prism Johnson will acquire equity shares carrying voting rights representing at least 26.5% of KUS Renewable’s equity share capital, apart from redeemable preference shares.

The total acquisition cost will not exceed ₹40 crore. The consideration will be paid in cash through normal banking channels, with the transaction targeted for completion by October 31, 2027.

The filing states that the proposed acquisition is not a related-party transaction and that the promoter or promoter group has no interest in KUS Renewable.

About Prism Johnson

Prism Johnson is an integrated building materials company with operations across cement, ready-mixed concrete and tiles and bathroom products.

The company serves the construction and infrastructure sectors through its manufacturing and distribution network. Its cement operations include facilities serving markets across central and northern India.

The latest renewable energy investment adds to the company’s efforts to manage energy requirements and incorporate cleaner power sources into its manufacturing operations.

Conclusion

Prism Johnson’s proposed investment of up to ₹40 crore in KUS Renewable will support the development of a 49.5 MW captive wind power project in Madhya Pradesh.

The project is intended to supply renewable electricity to the company’s Satna cement plant, while the acquisition will give Prism Johnson at least 26.5% voting equity in KUS, apart from redeemable preference shares. The Prism Johnson share price stood at ₹115.51, up 0.23%, as of 10:04 AM IST on September 25, 2026.

Source:

• https://www.nseindia.com/get-quote/equity/PRSMJOHNSN/Prism-Johnson-Limited
• https://nsearchives.nseindia.com/corporate/PRSMJOHNSN_25092026101234_SEIntimationinKUS.pdf