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flag PRISM appoints former SEBI chief Ajay Tyagi as independent director ahead of its $7–8 billion IPO.

flag PRISM, parent company of OYO, has appointed former SEBI Chairman Ajay Tyagi as an independent director ahead of its planned ₹6,650 crore IPO. flag Tyagi, a 1984 IAS officer and former SEBI chief (2017–2022), brings deep expertise in capital markets, regulation, and corporate governance. flag His appointment strengthens PRISM’s board as it prepares for a public listing, targeting a valuation of $7–8 billion. flag The company filed confidential IPO papers with SEBI in December 2025.

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