Shiva Cement board to issue equity shares to promoter’s group

Shiva Cement has informed that a meeting of the board of directors of the company will be held on June 06, 2012, to transact the issue of 5.00 mn nos. equity shares to promoter’s group at a price of Rs 11 (including share premium) upon conversion of equity share warrants towards part funding of ongoing capacity expansion project.

The above information is part of company’s filing submitted to the BSE.