Prism Johnson Prabir Kumar Ray steps down

What happened

Prism Johnson (PRSMJOHNSN) told the exchanges on 30 September 2026 at 06:56 PM that Prabir Kumar Ray has ceased.

Company snapshot

Prism Johnson is a small-cap company in the Construction Materials sector, with a market value of about ₹5,796 crore.

The stock last traded at ₹115.2, against a 52-week range of ₹97.1–₹165.9 (30.6% below the high).

Before this filing the shares had moved +3.6% over the month and −1.1% over three months. Average daily turnover over the last 20 sessions was about ₹3.67 crore.

Promoters held 74.87% at the end of Q1 FY27. Foreign institutions owned 2.74% and domestic institutions 6.45%.

What history shows

BCEIE has no earlier management change filing from this company on record since May 2026.

Across 15 similar disclosures by other Construction Materials companies, shares moved +0.2% on average the next day and −0.3% over five days; 47% of them rose the next day.

Market-wide, 3,833 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

• The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

• CESC Signs 49.5 MW Wind PPA With Prism Johnson; Shares Flat — HDFC Sky, 25 Sept 2026
• Prism Johnson ends QBE joint venture, subsidiary ceases to exist — scanx.trade, 30 Sept 2026
• CESC Signs 49.5 MW Wind Power Deal With Prism Johnson — Sahi, 25 Sept 2026
• Prism Johnson Backs 49.5 MW CESC-Linked Wind Project With Rs. 40 Cr — Saur Energy, 25 Sept 2026
• Prism Johnson to Procure 49.5 MW Captive Wind Power from Purvah Green — Energetica India Magazine, 25 Sept 2026

Source

• Exchange filing (PDF)