Shiva Cement Ltd (SHIVACEM) — Corporate Action | 29 September 2026

29 September 2026 · BSE 🔴 High Importance Neutral

By StockFin Research Team•AI-Assisted Analysis•Source: BSE/NSE Filings

📢 Key Event

Board approves scheme of arrangement with JSW Cement for amalgamation

🔄 What Changed

Shareholding pattern of JSW Cement changes slightly; retained earnings adjusted against securities premium; no cash consideration; transferor company to be merged into JSW Cement

🔮 What's Next

Scheme requires shareholder and NCLT approval; filing to be made with stock exchanges under Regulation 37

💡 Investor Takeaway

Routine procedural filing with no direct impact on shareholders.

Shiva Cement announced on September 29, 2026 that its board approved a scheme of arrangement with JSW Cement to amalgamate the company into JSW Cement, subject to shareholder and NCLT approval. The merger will involve no cash consideration, with shareholders receiving new equity shares in JSW Cement on a 1:41 ratio. Reserves will be realigned, and the transferor company will cease to exist post-merger. The filing includes details on reserve adjustments, shareholding changes, and regulatory compliance.

📄 View Original Announcement (PDF)

📊 Stock Analysis — SHIVACEM ✨ Ask AI About This

About Shiva Cement Ltd (SHIVACEM)

Construction Materials · Cement · Listed on BSE

Market Cap: ₹446.63 CrROE: 174.6%ROCE: -0.3%

View full SHIVACEM stock details →

📡 Get AI alerts when SHIVACEM files next

Free • Daily 5 PM digest • Track filings, board meetings, and corporate actions

Track SHIVACEM — Free

💡 Ask AI about this filing

"What is the exact share exchange ratio for shareholders?""How will the reserve realignment affect financial statements?""When will the NCLT approval be obtained?"

Ask AI Free →

📊 More SHIVACEM filings

No other filings yet.

🔥 Also filed on 29 September 2026

ADANIPOWERAdani Power LtdAnnouncement APOLLOApollo Micro Systems LtdAnnouncement ADANIENTAdani Enterprises LtdAnnouncement ADANIPORTSAdani Ports & Special Economic Zone LtdAnnouncement PFOCUSPrime Focus LtdAnnouncement MCXMulti Commodity Exchange of India LtdAnnouncement

View all today's announcements →

Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

📡 Get AI alerts when SHIVACEM files new disclosures

Track SHIVACEM filings, board meetings, and corporate actions. Free email alerts at 5 PM.