Prism Johnson Limited , a leading building materials company, has secured a significant legal victory in a case concerning concessional diesel procurement. The Madhya Pradesh High Court at Jabalpur has ruled in favor of the company, directing authorities to issue Form C for concessional diesel procurement from July 2017 to March 2021.

Key Points of the High Court Order

• The court has allowed Prism Johnson's writ petition against the Sales Tax Authorities' action.
• Authorities are directed to issue Form C to the petitioners under Section 8(3)(b) of the Central Sales Tax Act, 1956.
• Any amount collected from the petitioners is to be either refunded or adjusted against future liability.

Financial Implications

The differential amount of sales tax paid by Prism Johnson during the period from July 2017 to March 2021 is expected to be either refunded or adjusted against the company's future tax liability. The company has stated that there will be no adverse impact of this order on its financial, operational, or other activities.

Company's Financial Position

While this legal victory is expected to have a positive impact, it's worth noting Prism Johnson's recent financial position based on its balance sheet data:

The company's balance sheet shows a slight decrease in total assets, but an increase in total equity, indicating improved financial stability. The reduction in current liabilities also suggests better short-term financial health.

Conclusion

This legal victory for Prism Johnson Limited is expected to have a positive financial impact, potentially strengthening its cash flow position through tax refunds or adjustments. As the company continues to navigate the competitive building materials sector, this development may contribute to its financial resilience and operational flexibility.

Prism Johnson Limited , a leading integrated building materials company, has announced a significant change in its investor relations leadership. The company's Board of Directors has appointed Mr. Ashish Samal as the new Chief Investor Relations Officer, effective November 8, 2025. This strategic move comes as the company positions itself for enhanced investor communication.

A Seasoned Professional Takes the Helm

Mr. Samal, 41, brings a wealth of experience to his new role at Prism Johnson. With an MBA in Finance from IBS Mumbai and over 16 years of expertise in investor relations, he is well-equipped to drive the company's communication strategies with the investment community. His background includes notable stints with companies such as Suraj Estate Developers and Garware Hitech Films, as well as several PR firms.

Expertise in Transparent Communication

Specializing in transparent and consistent communication strategies, Mr. Samal has a proven track record of aligning capital market expectations with corporate performance. His experience includes:

• Successfully advising listed entities across various sectors
• Integrating research-driven insights with best-in-class IR practices
• Enhancing shareholder value and strengthening market confidence
• Leading fundraising efforts through equity and warrants
• Handling pre-IPO roadshows across diverse sectors

Leadership Transition

The appointment of Mr. Samal coincides with the departure of Ms. Nupur Agarwal, who has resigned from her position as Chief Investor Relations Strategy Officer. Ms. Agarwal's tenure of nearly 5 years with Prism Johnson will conclude on November 7, 2025, as she pursues other professional opportunities.

Company's Recent Financial Performance

While the company undergoes this leadership change in investor relations, it's worth noting Prism Johnson's recent financial performance. According to the company's Q2 FY26 investor update:

The company has shown significant improvement in its financial performance, with substantial growth in revenue and EBITDA, and a marked increase in EBITDA margin.

Looking Ahead

As Prism Johnson Limited continues to strengthen its market position in the building materials sector, the appointment of Mr. Ashish Samal as Chief Investor Relations Officer signals the company's commitment to enhancing its communication with investors and stakeholders. This strategic move is expected to play a crucial role in articulating the company's growth strategy and value proposition to the investment community.

The transition in the investor relations leadership comes at a time when Prism Johnson is demonstrating strong financial performance, setting the stage for potentially exciting developments in the company's future.