Shiva Cement Ltd approves terms for appointment of adviser for bringing strategic investor


The Board of Directors of Shiva Cement Ltd at its meeting held on January 18, 2016, has approved / ratified the terms of appointment of
Merchant Bankers / Financial Advisers for negotiating with Strategic Investors for expansion plans of the Company as accepted by the Committee of Directors at their meeting held on November 02, 2015.

Shares of SHIVA CEMENT LTD. was last trading in BSE at Rs.7.35 as compared to the previous close of Rs. 7.24. The total number of shares traded during the day was 538371 in over 608 trades.

The stock hit an intraday high of Rs. 7.62 and intraday low of 7.19. The net turnover during the day was Rs. 3995824.

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