Acquisition / mergerFiled on BSE ·

JSW Cement approves Scheme of Arrangement to amalgamate Shiva Cement

JSW Cement · Cement & Cement Products

What the filing says

  • JSW Cement Limited's Board approved Scheme on Sept 29, 2026 for amalgamation with Shiva Cement Limited, subject to shareholders and regulatory approvals.
  • Post-amalgamation, Shiva Cement Limited will cease to exist; shares to be exchanged at 5 JSW shares for every 41 Shiva shares; no cash consideration involved.
  • Restructuring includes adjustment of Amalgamation Adjustment Deficit against JSW's Securities Premium Account of ₹4,335.67 crore; no impact on shareholding pattern.

Original filing

Board Meeting Outcome for Outcome Of The Board Meeting Held On 29Th Sep, 2026

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.