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Shiva Cement gets nod to avail term loan of Rs 1066 crore for project expansion

07 Jul 2021 Evaluate

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.

Peers
Company Name CMP
Ultratech Cement 10705.45
Ambuja Cements 359.10
ACC 1172.75
Shree Cement 22030.00
Dalmia Bharat 1686.85
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