Shiva Cement to merge with parent JSW Cement

JSW Cement to merge with listed arm Shiva Cement; board approves 5:41 swap ratio

JSW Cement to merge with Shiva Cement to form a unified platform, unlocking synergies and simplifying the group’s structure.

Shiva Cement to merge with parent JSW Cement

JSW Cement plans to merge Shiva Cement, issuing shares to Shiva shareholders, unlocking synergies and creating a larger, more liquid listed entity.

JSW Cement approves Shiva merger

India’s JSW Cement has approved a proposed amalgamation with its subsidiary Shiva Cement , in which it holds a 66.23 per cent stake. Under the prop...