Existing cement capacity at Satna is at 5.6 million tonnes per annum with 95.8% capacity utilisation.
The board has proposed to increase the capacity by 0.9 million tonnes per annum around December 2021.
Prism seeks to cater to future growth with this hike in capacity. The company will make an investment of Rs139cr.
On Sensex, Prism closed at Rs90.75 per piece surging by 1.17%.