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Trusted by
Acquiring Company
JSW Steel
Acquired Company
Shiva Cement Ltd
MumbaiOdishaManufacturingEnergyMiningManufacturingMiningPrecious MetalsBuilding MaterialDescription
JSW Cement Limited and its subsidiary, Shiva Cement Limited, have approved a scheme for the amalgamation of Shiva Cement with JSW Cement. This merger is expected to enhance operational efficiency and strengthen the market presence of JSW Cement. The decision reflects the company’s commitment to consolidating its position in the cement industry. The integration will provide a solid foundation for future growth and development.
Fundz sees it the moment JSW Steel 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 Steel, based in Mumbai. The deal was reported on September 30, 2026. JSW Steel is India’s leading manufacturer of value-added and high-end steels, with a legacy spanning over 35 years of innovation, sustainability, and technological excellence. JSW Steel is privately held and operates in Manufacturing.
When did JSW Steel acquire Shiva Cement Ltd?
JSW Steel's acquisition of Shiva Cement Ltd was reported on September 30, 2026. JSW Cement Limited and its subsidiary, Shiva Cement Limited, have approved a scheme for the amalgamation of Shiva Cement with JSW Cement. This merger is expected to enhance operational efficiency and strengthen the market presence of JSW Cement. 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.
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