BSEShiva Cement LtdHighPositive
Announced Sat, 3 Jan · 14:45 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for JSW Cement Ltd

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

JSW Cement Limited, the promoter of Shiva Cement Ltd, purchased 8,000 equity shares from the open market on 31st December 2025 under Regulation 29(2) of SEBI SAST Regulations. This is a marginal acquisition of 0.0027% of the total share capital, taking the promoter's stake from 66.1738% (19,52,12,755 shares) to 66.1765% (19,52,20,755 shares). The shares were acquired in their capacity as promoter/promoter group entity, consistent with creeping acquisition norms. Total equity share capital remains at 29.50 crore shares of Rs. 2 face value each. No encumbrance (pledge/invocation/release) was involved in this transaction.

Likely market impact

This is a tiny top-up purchase by an already-dominant promoter and is not material enough to materially alter the shareholding pattern or influence the stock price. It mainly signals routine promoter housekeeping and continued confidence in the company.