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JSW Cement to merge with Shiva Cement swiftly

PRIVATESep 30, 2026

Acquiring Company

JSW Cement

Acquired Company

Shiva Cement Ltd

BirminghamOdishaManufacturingManufacturingMiningPrecious MetalsBuilding Material

Description

JSW Cement has approved a merger with its subsidiary Shiva Cement, proposing a share exchange of five shares of JSW Cement for every 41 shares held by Shiva Cement shareholders. This merger aims to enhance operational efficiency and reduce dependence on external clinker procurement. The transaction is expected to be completed within 12–14 months, pending regulatory approvals.

Company Information

Company

JSW Cement

Location

Birmingham, England, United Kingdom

About

JSW Cement is part of the global JSW Group and is considered the fastest growing cement manufacturer in India. The company focuses on sustainable manufacturing practices and supporting sports initiatives. JSW Cement aims to contribute to a stronger future for India through its commitments.

Fundz sees it the moment JSW Cement makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Shiva Cement Ltd?

Shiva Cement Ltd was acquired by JSW Cement, based in Birmingham. The deal was reported on September 30, 2026. JSW Cement is part of the global JSW Group and is considered the fastest growing cement manufacturer in India. The company focuses on sustainable manufacturing practices and supporting sports initiatives. JSW Cement is privately held and operates in Manufacturing.

When did JSW Cement acquire Shiva Cement Ltd?

JSW Cement's acquisition of Shiva Cement Ltd was reported on September 30, 2026. JSW Cement has approved a merger with its subsidiary Shiva Cement, proposing a share exchange of five shares of JSW Cement for every 41 shares held by Shiva Cement shareholders. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Shiva Cement Ltd do?

Shiva Cement operates a clinker manufacturing facility in Sundargarh, Odisha, and focuses on producing high-quality clinker for cement production. The company has been working to expand its reach and enhance production capacity. It is privately held, operating in Manufacturing, and is based in Odisha.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.