Shiva Cement has received an approval for availing of rupee term loan aggregating to an amount not exceeding Rs 1066 crore from banks, non-banking financial companies and/or other financial institutions for the purposes of project expansion. The Board of Directors of the company at their meeting held on July 6, 2021 has approved the same.
Shiva Cement, the Odisha-based cement company, and a subsidiary of JSW Cement, India’s leading producer of green cement.