Prism Johnson Boosts Stake in Raheja QBE General Insurance Subsidiary 6 days ago
Prism Johnson Ltd, a leading integrated building materials company, has participated in a rights issue to increase its investment in its subsidiary, Raheja QBE General Insurance Company Limited. The move aims to strengthen Prism Johnson's position in the insurance sector and diversify its portfolio. Specific details about the investment amount and terms were not disclosed. Raheja QBE General Insurance is a joint venture between Prism Johnson and Australia's QBE Insurance Group.
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