Prism Johnson update on proposed divestment of 51% stake in Raheja QBE General Insurance Company

Prism Johnson update on proposed divestment of 51% stake in Raheja QBE General Insurance Company

Jul 29, 2021 03:07 IST capital market

Prism Johnson announced that the regulatory approvals required for completing divestment of its entire 51% stake in Raheja QBE General Insurance Company, a material subsidiary, to Paytm Insuretech is yet to be received and therefore the transaction has not yet been completed.

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