Prism Johnson Limited has announced significant changes in its senior management structure, with new appointments taking effect from January 1, 2026. The company disclosed these changes to stock exchanges on December 31, 2025, in compliance with regulatory requirements.

Management Transition Details

The Board of Directors, based on recommendations from the Nomination and Remuneration Committee, has designated Mr. Anil Madlani as Senior Management Personnel within the meaning of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This appointment comes as Mr. Rajshekhar Shettar ceased to be Senior Management Personnel after reaching superannuation age.

Profile of New Appointee

Mr. Anil Madlani, aged 51 years, brings extensive experience to his new role as Senior Management Personnel. He is a seasoned Operations and Procurement professional with over 29 years of experience specifically in the cement and building materials industry.

Educational Background and Experience

Mr. Madlani holds an MBA from Indira Gandhi Open University and a BE in Industrial from L.E. College, Saurashtra University, Morbi. His career spans leadership positions across several reputed organizations in the cement sector.

Professional Expertise

Mr. Madlani's professional expertise encompasses multiple critical areas of cement industry operations. His experience includes:

• Operations management and optimization
• Procurement and supply chain functions
• Commercial operations oversight
• Cost optimization initiatives
• Operational efficiency enhancement
• Sustainability initiatives implementation

At Orient Cement Limited in Hyderabad, he served as Vice President & Head – Central Procurement, where he oversaw both central and capital project procurement activities. His role involved managing procurement operations with significant financial responsibility, handling an annual spend of approximately ₹1,800.00 crore.

Regulatory Compliance

The appointment follows proper corporate governance procedures, with the Board of Directors making the decision through a circular resolution passed on December 31, 2025. The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, ensuring transparency in senior management changes.

Prism Johnson Limited's Board of Directors has formally approved the sale of its office premises to Windsor Realty Private Limited for a consideration of ₹165.91 crores. The board meeting held on December 18, 2025, ratified this significant asset divestment transaction, which has been classified as a related party transaction.

Board Meeting and Transaction Approval

The board meeting commenced at 10:00 a.m. and concluded at 10:30 a.m., during which directors approved the sale of office premises located at Windsor, 7th Floor, CST Road, Kalina, Vidyanagari, Santacruz (East), Mumbai-400098. The transaction includes the office space along with terrace area and designated car parking space, being sold on an "as is where is" basis.

Property and Transaction Details

The office premises being sold encompasses the entire 7th floor space at the Windsor building, strategically located in Santacruz East, Mumbai. The sale includes additional amenities such as terrace area access and designated car parking spaces, making it a comprehensive real estate transaction.

Related Party Transaction Structure

The transaction qualifies as a related party deal due to the connection between the buyer and company leadership. Windsor Realty Private Limited is an entity where Mr. Akshay Raheja, a Director of Prism Johnson, serves as both Director and shareholder. Additionally, Mr. Rajan Raheja, being a relative of Mr. Akshay Raheja, is deemed to be interested in the transaction.

Regulatory Compliance and Timeline

The company has disclosed the transaction under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring full regulatory compliance. The sale deed execution is scheduled to be completed on or before December 31, 2025, providing a clear timeline for transaction closure.