Prism Johnson completes sale of Raheja QBE stake to QBE Holdings

Core Business DivestedStrategic Transactions View source PDF Explain this filing

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

Stock

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10m

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15m

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30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

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 shareholding in Raheja QBE General Insurance Company, its material unlisted subsidiary, to QBE Holdings (AAP) Pty Limited on 1 July 2026. All conditions precedent, including IRDAI and shareholder approvals, have been satisfied. With completion, RQBE has ceased to be a subsidiary of Prism Johnson, and the joint venture with Australias QBE Group in the general insurance business, along with the shareholders agreement, stand terminated.

Likely market impact

Full exit from general insurance JV. Frees up capital and sharpens focus on core businesses, though a revenue segment is lost.