The report states Shiva Cement, JSW Cement's listed subsidiary, will merge into JSW Cement, with Shiva shareholders getting 5 JSW Cement shares for every 41 Shiva shares.
Read this note →Shiva Cement Limited
NSE SHIVACEM BSE 532323 INE555C01029
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What the desks said
The note reports Shiva Cement will merge into JSW Cement, with Shiva shareholders receiving 5 JSW Cement shares for every 41 Shiva shares.
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