Prism Johnson Limited has informed the Exchange regarding Proceedings of Postal Ballot
PRSMJOHNSN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Prism Johnson Limited has disclosed the proceedings of a Postal Ballot conducted via remote e-voting from March 19 to April 17, 2026. Shareholders voted on three key matters: (1) divestment of the company's entire 51% stake in Raheja QBE General Insurance Company Limited, a material unlisted subsidiary; (2) appointment of Mr. Sanjaykumar Shivajee Roy as Director; and (3) appointment of Mr. Sanjaykumar Shivajee Roy as Whole-time Director designated as Executive Director & CEO (RMC). The voting period has concluded, and Ms. Savita Jyoti from M/s Savita Jyoti Associates has been appointed as Scrutinizer. The formal voting results and Scrutinizer's Report will be announced separately within 2 working days.
If shareholders approve the divestment, Prism Johnson will exit the general insurance business, reducing its diversification. The appointment of a new Executive Director & CEO for RMC signals a leadership change in that business segment. Pending voting results mean uncertainty remains for investors until the Scrutinizer's Report is released.