Prism Johnson Shareholders Approve Insurance Divestment, Director Appointments

Prism Johnson shareholders approved three resolutions via postal ballot, including the divestment of its 51% stake in Raheja QBE General Insurance Company.
Mr. Sanjaykumar Shivajee Roy was appointed as a Director and as Whole-time Executive Director & CEO (RMC) with overwhelming shareholder support.
The e-voting process, scrutinized by an independent company secretary, concluded on April 17, 2026, with all resolutions passing by requisite majorities.
The special resolution for divestment required and received separate approval from public shareholders as per SEBI Listing Regulations.