Prism Johnson Limited has successfully concluded arbitration proceedings with M/s Doosan Power Systems India Pvt.Ltd., securing a favorable award of Rs 8,86,52,116 following the settlement of a commercial dispute. The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Arbitration Award Details

The oral arbitral award was pronounced on April 16, 2026, at New Delhi, marking the conclusion of ongoing arbitration proceedings between the parties. The written and signed arbitral award was subsequently received by the company from its advocates via email on April 23, 2026, at 2:35 p.m.

Settlement Terms and Payment Schedule

Under the arbitral award terms, M/s Doosan Power Systems India Pvt.Ltd. is required to pay the awarded amount of Rs 8,86,52,116 by May 27, 2026. This payment will discharge all claims, counter claims, interest, and costs raised by both parties during the dispute resolution process.

The settlement represents a comprehensive resolution of the commercial dispute, with the arbitral tribunal ruling in favor of Prism Johnson Limited after considering all aspects of the case.

Financial Impact Assessment

The company has clarified that this arbitration award will not adversely impact its financial position. Prism Johnson had previously written off the claim amount in earlier years as part of its accounting practices. The successful recovery of the major portion of its claim through this arbitral award represents a positive development for the company's financial recovery.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed information in accordance with SEBI Master Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, ensuring full regulatory compliance.

The arbitration settlement demonstrates Prism Johnson's commitment to resolving commercial disputes through appropriate legal channels while protecting its financial interests and maintaining transparency with stakeholders.

Prism Johnson Limited has concluded the postal ballot proceedings seeking shareholder approval on three key matters, which ended on April 17, 2026. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following an initial announcement on March 2, 2026.

Resolutions Put to Vote

The company sought shareholder approval through postal ballot on the following matters:

• Divestment of the Company's entire shareholding of 51% in Raheja QBE General Insurance Company Limited, a material unlisted subsidiary of the Company
• Appointment of Mr. Sanjaykumar Shivajee Roy (DIN: 10174959) as Director of the Company, liable to retire by rotation
• Appointment of Mr. Sanjaykumar Shivajee Roy (DIN: 10174959) as Whole-time Director, designated as Executive Director & CEO (RMC) of the Company

E-Voting Process Details

The remote e-voting facility was provided by KFin Technologies Limited, the Registrar & Transfer Agent of the company. Ms. Savita Jyoti of M/s. Savita Jyoti Associates, Practising Company Secretary, Hyderabad, was appointed as the Scrutiniser to ensure the postal ballot process was conducted in a fair and transparent manner.

The Postal Ballot Notice was sent through electronic mode only to shareholders whose email addresses were registered with the company or its Registrar & Transfer Agent/Depositories/Depository Participants as on the cut-off date. Shareholders holding equity shares in physical or dematerialised form as on the cut-off date were entitled to vote on the resolutions through remote e-voting only.

Next Steps

The Scrutiniser will submit her report on the postal ballot through remote e-voting within two working days from the conclusion of the remote e-voting period. The company will separately intimate the voting results along with the Scrutiniser's Report to the stock exchanges. The results will also be uploaded on the company's website and KFin Technologies Limited's website, and displayed at the registered office and corporate office of the company.