thehindu.com · DistrictNews · 2026-09-30
JSW Cement will issue 5 equity shares for every 41 equity shares held in
JSW Cement will issue 5 equity shares for every 41 equity shares held in Shiva Cement. The transaction is expected to be completed within 12-14 months, subject to timely receipt of regulatory approvals. Nilesh Narwekar, CEO of JSW C cement, said, “The proposed merger is a strategic step towards creating a more integrated and efficient business.
Why it matters. Why it matters: JSW Cement will issue 5 equity shares for every 41 equity shares held in Shiva Cement.
Read original on thehindu.com Get the app
Licensed summary · LicensedSummary
Related briefs
- Train travel rules change from October 1: Who must carry original ID and what
- Uruguay taps India's Rites to rebuild rail network, connect industries with
- Mint Explainer | Five-day banking week: How does India compare with the world? |
- Indian sailor among 5 crew killed by pirates aboard hijacked tanker off Somalia
- Asian Games 2026: Indian Men And Women Squash Teams Enter Semis, Confirm Two