Shree Cement in bid to buy Shiva Cement
The Economic Times on 24 October reported that JSW Cement was in talks to acquire Shiva Cements. JSW Cement has denied any such plans.
Currently, ACC Ltd holds close to 13 per cent in Shiva Cements and, according to the people cited earlier, it also has a right of first refusal in the transaction. ACC had not responded to an email seeking comment at the time of going to press.