BSEShiva Cement LtdHighPositive
Announced Fri, 6 Feb · 10:52 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 Ltd, which belongs to the promoter/promoter group of Shiva Cement, has purchased 48,628 equity shares (0.0165% of the total share capital) from the open market on 4th February 2026. This is a creeping acquisition disclosed under SEBI SAST Regulation 29(2). Post this purchase, JSW Cement's holding in Shiva Cement increased from 19,53,32,850 shares (66.2145%) to 19,53,81,478 shares (66.231%). The total equity share capital of Shiva Cement remains unchanged at 29,50,00,000 shares of Rs. 2 each. The transaction is a very small incremental buy and does not materially change the promoter's overall stake.

Likely market impact

This is a minor, confidence-building open market purchase by the promoter group, signaling continued commitment to the company. The impact on share price is likely negligible given the tiny size of the acquisition relative to total capital, but it reinforces that the promoter remains in a dominant controlling position above 66%.