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JSW Cement To Issue 5 Shares For Every 41 Shiva Cement Shares In Merger To Create Unified Platform

JSW Cement To Issue 5 Shares For Every 41 Shiva Cement Shares In Merger To Create Unified Platform
Photo: Free Press Journal · view original

Mumbai: JSW Cement Limited and its listed subsidiary, Shiva Cement Limited, announced on 29 September 2026, the approval of a scheme of arrangement for the amalgamation of Shiva Cement into JSW Cement. Share Exchange Ratio JSW Cement will issue 5 equity shares, each with a face value of ₹10, for...

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