Shiva Cement CEO, MD, chairman, board of directors and AGM
NSE: SHIVACEMBSE: 532323Cement & Cement ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹12.62.
- Next results date: the board meets on 23 Oct 2026 to consider: quarterly results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹380 Cr1,788th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 27 Jul 2026
- −0.5%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,75,25564.9% delivered
Shiva Cement board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chief executiveMANOJ KUMAR RUSTAGI
- Company Secretary and Compliance OfficerIshika Sharma
6 directors3 independent1 executive2 non-executive
- MANOJ KUMAR RUSTAGI · Chief executiveExecutive · joined Feb 2017 · reappointed Jun 2026 · 1 listed board · 1 committee seat
- NARINDER SINGH KAHLONNon-executive · joined Feb 2017 · 2 listed boards · 1 committee seat, 1 as chair
- JAGDISH CHANDRA TOSHNIWALIndependent · joined Apr 2022 · 53 months as independent · 2 listed boards · 2 as independent · 1 committee seat, 1 as chair
- SANJAY SHARMAIndependent · joined Apr 2019 · reappointed Oct 2022 · 83 months as independent · 1 listed board · 1 as independent · 1 committee seat
- SHOUVIK CHAKRABORTYNon-executive · joined Dec 2023 · 1 listed board
- SUDESHNA BANERJEEIndependent · joined Apr 2019 · reappointed Apr 2024 · 89 months as independent · 1 listed board · 1 as independent · 1 committee seat
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 29 Sep 20265 of 6 present3 independent · 63 days in between
- 27 Jul 20266 of 6 present3 independent · 83 days in between
- 4 May 20266 of 6 present3 independent
Audit Committee
Chair JAGDISH CHANDRA TOSHNIWAL
NARINDER SINGH KAHLON, SANJAY SHARMA, SUDESHNA BANERJEE
- 29 Sep 20263 of 4 present3 independent · 63 days in between
- 27 Jul 20264 of 4 present3 independent · 83 days in between
- 4 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair SUDESHNA BANERJEE
NARINDER SINGH KAHLON, JAGDISH CHANDRA TOSHNIWAL
- 4 May 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair NARINDER SINGH KAHLON
MANOJ KUMAR RUSTAGI, JAGDISH CHANDRA TOSHNIWAL
No meeting listed in the filing.
Risk Management Committee
Chair JAGDISH CHANDRA TOSHNIWAL
NARINDER SINGH KAHLON, MANOJ KUMAR RUSTAGI, SANJAY SHARMA
- 4 May 20263 of 3 present1 independent
Corporate Social Responsibility Committee
Chair SUDESHNA BANERJEE
MANOJ KUMAR RUSTAGI, NARINDER SINGH KAHLON
- 4 May 20263 of 3 present1 independent
Project Review Committee
Chair JAGDISH CHANDRA TOSHNIWAL
MANOJ KUMAR RUSTAGI, SUDESHNA BANERJEE, SANJAY SHARMA
- 4 May 20264 of 4 present3 independent
Finance Committee
NARINDER SINGH KAHLON, MANOJ KUMAR RUSTAGI
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- M/s Shah Gupta & Co., Chartered AccountantsPeer-review certificate valid to Dec 2027
2 earlier auditors
- Shah Gupta & Co.Named in the filing for the quarter to Mar 2026
- M/s. Shah Gupta & CoNamed in filings from Mar 2025 to Jun 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Mar 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Rights IssuesMay 2024, checked by CARE Ratings Limited | 4.00 | Repayment/Prepayment/Redemption, in full or part, of certain borrowings availed of by the Company and its Subsidiaries including payment of the interest accrued thereon | 3.17 | 3.17 | No |
| Rights IssuesMay 2024, checked by CARE Ratings Limited | 4.00 | General Corporate Purposes | 0.75 | 0.75 | No |