Investor Presentaiton
Scheme of Arrangement & Amalgamation
PRISM
RMC
PRISM
CEMENT
Complete Couto
JOHNSON
Not forat es, Mestyle
Company has considered and approved Composite Scheme of Arrangement and Amalgamation amongst Prism
Johnson Limited (PJL), H. & R. Johnson (India) TBK Limited, Milano Bathroom Fittings Private Limited, Silical
Ceramica Private Limited, TBK Rangoli Tile Bath Kitchen Private Limited, TBK Venkataramiah Tile Bath Kitchen
Private Limited, TBK Samiyaz Tile Bath Kitchen Private Limited and their respective shareholders and creditors:
Key highlights of the scheme:
The Appointed Date for the Scheme is April 1, 2018 and it is the date from which the Scheme will be
operative. All companies involved in the proposed restructuring, directly or through subsidiary, are wholly
owned subsidiaries of PJL. No cash consideration involved
The scheme shall be subject to shareholders & creditors approval, as applicable, and the necessary
statutory and regulatory approvals
Key objectives of the scheme
Proposed Scheme would result in elimination of multiple operating companies' structure
Simplification of group structure under common management
Consolidation of business would lead to better, efficient and economical cost management, cost savings, pooling &
optimum utilization of resources amongst others
There will be no change in shareholding pattern of the Company
The Scheme is likely to get completed by Q3FY20 subject to approvals and opening of lockdown
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