|Sales Growth||Profit Growth||Expense Growth||Stock Price CAGR|
Shiva Cement manufactures cement and allied products in India. It offers various types of cements, including PS cement. The company is based in Rourkela, India. The company has its plants located at Kalunga and Sundargarh in Orissa. The company has a combined installed capacity of 177,000 tonne per annum. ACC has 15% stake in Shiva Cement and is likely to increase it to 25%. Shiva Cement also sells ACC cement in West Bengal and in some pockets of north-eastern India.
2003: - Tied up an ECB for $7 million with Habib Bank.
2005: - In September 2005, the company received an in-principle approval for its debt restructuring plan from its consortium of bankers, lead by IFCI.
2007: - On July 17, 2007 the shareholders approved the preferential allotment of 1,000,000 equity shares to IFCI.
On June 18, 2007 the board approved the allotment of 9,500,000 equity shares upon conversion of equity share warrants out of 23,000,000 existing equity shares warrants.
2010 - Shiva Cement has won first prize for ""Best overall performance"" on the occasion of 48th Mines Safety Week Celebration, Chaibasa Region under Directorate General of Mines Safety, Ministry of Labour, Govt. of India.
-The Company has been selected for the National Safety Award (Mines) for the year 2008 under the category "Lowest injury frequency rate" by the Directorate General of Mines & Safety, Dhanhad, Govt. of India.
-The Company has received a "Certificate of Merit" awarded by 'Dalal Street Investment Journal' for ranking among India's top 400 small cap company.
2011 -ShivaCement signed MOU with Govt. of Odisha for expanding the plant capacity.
2012 -Kharkurbahai Limestone Mines of Shiva Cement Ltd has been awarded Second prize in "Air Quality Management" during 14th Mines Environment & Mineral Conservation Week 2011-12 under the Aegis of Indian Bureau of Mines, Govt. of India.
Business areas of the company:
The company’s principal activity is to manufacture cement and allied products. Its product includes PS cement.