Announced Mon, 15 Jun · 19:48 IST

Shiva Cement postal ballot: 5 resolutions passed incl. CEO re-appointment

Board & Shareholder Meetings View source PDF

Price

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▲ 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

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+1.1+1.1+0.5-0.9+0.6+1.3-2.2-4.3-6.8-7.8-10.0-8.2——

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AI summary

Shiva Cement's postal ballot via remote e-voting (May 15–Jun 13, 2026) saw 144 shareholders cast 631,379 votes (0.21% of total shares). All 5 resolutions passed. Mr. Manoj Kumar Rustagi re-appointed as Whole-time Director & CEO (91.37% in favour, 8.63% against). Four Material Related Party Transactions for FY26-27 approved: with JSW Cement (97.77%), JSW JFE Steel (97.68%), Bhushan Steel & Power (97.68%), and JSW International Tradecorp PTE (97.68%). Promoters (holding 196.18M shares) abstained as interested parties.

Likely market impact

CEO continuity secured; JSW-group RPTs approved, enabling continued inter-company operations for FY26-27.