PRISM CEMENT LTD. - Updates

Prism Cement Ltd has informed BSE that the Company has entered into a Supply Agreement with ECO Cements Limited (ECL), Kolkata on May 10, 2016 in terms of which ECL will manufacture and supply cement to the Company as per the Companys quality and other specifications.<BR><BR>ECL operates a cement grinding plant with a capacity of 0.6 million tonnes per annum at Bhabhua District of Bihar.<BR><BR>The arrangement with ECL is expected to help the Company optimise its logistic costs as well as improve local availability in its strategic markets of Bihar.