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Acquiring Company
JSW Cement
Acquired Company
Shiva Cement Ltd
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.
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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