Prism Industrial Complex Limited is a public company incorporated in May 2011. Based in Kanpur, Uttar Pradesh, the company is majorly in the Construction business and mainly deals in the furnishing and repair of a newly-built construction site.
As per the latest news, the company has said to raise money by issuing debentures to more than 3000 investors without complying with the public issue norms of the Companies Act, 1956. Investors have not received payments in regards to their matured deposited amount in various schemes of Prism Industrial Complex Limited.
The matter is still under investigation and information regarding further action will be soon made available to the public. Depositors who have invested their money in Prism Industrial Limited and are looking for a refund are requested to register their complaint through SEBI online portal or by visiting SEBI offices.