Prism Johnson completes sale of Raheja QBE insurance JV stake to QBE Group

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PRSMJOHNSN · price

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Price reactionminutes from the announcement price · days from the prior close

-0.5%Reaction day

₹116.51

prior close

₹117.28

announcement price

After-mkt

timing

Nifty Microcap 250market+0.9%-1.3% vs market

Cement & Cement Products peers, median of 36sector+0.7%-1.2% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.2 pts less than its Cement & Cement Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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30m

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Sessions after the filingfrom the prior close

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Reaction day

-0.5+0.9-1.3+0.7-1.2

Next day

-0.5+0.5-1.0+1.4-1.8

-0.9+0.7-1.6+0.4-1.3

-1.4+0.0-1.4-0.4-1.0

-4.3-2.0-2.3-1.5-2.8

-4.4-0.1-4.3-0.7-3.8

-3.4+1.4-4.8-0.1-3.3

15d

-7.6-1.4-6.2-1.3-6.3

-6.8+1.3-8.1-0.4-6.4

-4.3+3.8-8.0-5.0+0.7

-12.5+2.9-15.3-12.0-0.5

UpDownMarket · Nifty Microcap 250Sector · Cement & Cement Products peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Prism Johnson has completed the sale of its entire stake in Raheja QBE General Insurance Company, its material unlisted insurance subsidiary, to QBE Holdings (AAP) Pty Limited on 1 July 2026. All conditions precedent including IRDAI approval and shareholder approval were satisfied. With this completion, RQBE ceases to be a subsidiary of Prism Johnson, and the joint venture and shareholders agreement with Australia's QBE Group in the general insurance business stand terminated.

Likely market impact

Insurance arm fully exits the group. Prism Johnson can refocus on core businesses; deal value impact was disclosed in earlier filings.