Announced Mon, 15 Jun · 19:54 IST
Postal Ballot: CEO Re-appointment & 4 JSW Group RPTs Approved
Board & Shareholder Meetings View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.6%1-day move
₹18.55
prior close
₹18.78
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.1+1.1+0.5-0.9+0.6+1.3-2.2-4.3-6.8-7.8-10.0-8.2——
Up moveDown movePending
AI summary
Shiva Cement's postal ballot (e-voting ended June 13, 2026) saw all 5 resolutions pass. Mr. Manoj Kumar Rustagi was re-appointed as Whole-time Director & CEO (91.37% in favor). Material RPTs with JSW Cement, JSW JFE Steel, Bhushan Steel & Power, and JSW International Tradecorp for FY26-27 were also approved (97-98% in favor). Only 0.21% of shares were polled; promoter group abstained on all resolutions as an interested party.
Likely market impact
CEO continuity secured; JSW group RPTs for FY26-27 cleared. Low retail participation (0.21% polled) means promoter abstention shaped the outcome.