Prism Johnson Limited ( (IN:PRSMJOHNSN) ) just unveiled an announcement.
Prism Johnson Limited has announced an update on ongoing litigation involving a civil contractor, Gannon Dunkerly & Co. Ltd. (GDCL), responsible for the construction of a Silo. The Arbitral Tribunal has determined that GDCL’s construction deficiencies contributed to the Silo’s collapse, making GDCL liable for 80% of the company’s losses. The final decision on the quantum of damages, interest, and costs will be made in a separate hearing.
More about Prism Johnson Limited
YTD Price Performance: -28.18%
Average Trading Volume: 25,921
Current Market Cap: 61.64B INR
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