JSW Cement Commissions 1 MTPA Unit in Rajasthan
The new unit has increased the company’s total grinding capacity in Rajasthan to 3.50 MTPA. The expansion strengthens JSW Cement’s production infrastructure and adds to capacity across its operating network.
The company’s total clinker manufacturing capacity stands at 9.74 MTPA, including capacity held through its joint venture, JSW Cement FZC. Clinker is an intermediate material used in cement production, and its availability supports the company’s grinding operations.
JSW Cement is also pursuing a merger of its listed subsidiary Shiva Cement with the company. Under the scheme approved by the boards of both companies, Shiva Cement shareholders other than JSW Cement will receive five fully paid-up JSW Cement equity shares for every 41 shares held. The arrangement remains subject to shareholder and regulatory approvals.
JSW Cement holds 66.23 per cent of Shiva Cement’s paid-up equity share capital. Shares held by JSW Cement in the subsidiary will be cancelled under the proposal, without an issue of JSW Cement shares against that holding. The scheme has an appointed date of April 1, 2026, and completion is estimated to take 12 to 14 months, subject to clearances from stock exchanges, the Securities and Exchange Board of India, the National Company Law Tribunal and other applicable authorities. Shareholder and creditor approvals will also be obtained where required. JSW Cement shares closed at Rs. 113.15 on the BSE, up Rs. 2.05, or 1.85 per cent.