BSECompany Update28 Jul 2026 · 28 Jul 2026, 11:34 am

In compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations Disclosure Requirements) 2015, please find attached press release dated 28th July, 2026.

Shiva Cement Ltd · 532323

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Shiva Cement Ltd has received approval to expand the scope of its Khatkurbahal (North) mine to commercially mine 2.4 million tonnes of dolomite annually, marking a new revenue stream and strengthening raw material security.

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Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Shiva Cement Ltd - 532323 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

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A SUBSIDIARY OF Date: 28.07.2026 BSE Limited, Corporate Relationship Department, Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai-400001, Maharashtra Scrip Code – 532323 Dear Sir/Madam, Sub: Press Release Ref: In compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations Disclosure Requirements) 2015 Dear Sir/ Madam, In compliance with Regulation 30 of the Securities Exchange Board of India (Listing Obligations Disclosure Requirements) 2015, please find enclosed a Press Release dated 28th July, 2026 titled as “Shiva Cement expands scope of Khatkurbahal (North) mine to commercialise 2.4 million tonnes of dolomite annually” This is for your information and records. Thanking you, Yours Faithfully, For Shiva Cement Limited Ishika Sharma Company Secretary & Compliance Officer SHIVA CEMENT LIMITED CIN L26942MH1985PLC470630 Registered Office address- Jindal Mansion, 5A, DR. G, Deshmukh Marg, Mumbai,400026, Maharashtra E-mail-id:corporate@shivacement.com| Phone (Off.): +91-2242861000| Website: www.shivacement.com Shiva Cement expands scope of Khatkurbahal (North) mine to commercialise 2.4 million tonnes of dolomite annually Approval from the State Pollution Control Board clears the way for commercial dolomite mining Mumbai, July 28, 2026: Shiva Cement Limited, a subsidiary of JSW Cement Limited (part of the highly diversified JSW Group), has received a modified Environmental Clearance and Consent to Operate for its Khatkurbahal (North) Block Limestone and Dolomite Mines at Biringatoli, Kutra, in Sundargarh district, Odisha. This development expands the scope of the mine to include the mining of dolomite at a capacity of 2.4 million tonnes per annum. This block holds a total dolomite resource of 89.09 million tonnes, of which 48.27 million tonnes is mineable. The approval enables the Company to commercially undertake mining and sale of dolomite from the block, marking the commencement of revenue generation from its dolomite operations. Dolomite is a key input across steel, cement, glass, refractories and allied industries, and the approval opens a new merchant sales stream for the Company while strengthening raw material security within the JSW ecosystem. Commenting on this development, Mr. Manoj Kumar Rustagi, Whole-time Director & CEO of Shiva Cement said, “The expanded scope at Khatkurbahal (North) allows us to unlock significantly more value from a mineral resource we already operate. Being able to commercialise 2.4 million tonnes of dolomite a year — over and above our existing product slate — gives us a new revenue stream, deepens our presence in Odisha's mineral economy, and reinforces the raw material security that underpins our growth in eastern India. It is a good example of how disciplined resource utilisation, done within the framework of full environmental compliance, creates value for the business and for the region.” Shiva Cement has its clinker manufacturing facility strategically located at the geographical border of three Indian states – Odisha, Chhatisgarh and Jharkhand with close proximity to the raw materials required for the production. In FY26, Shiva Cement commissioned a state- of-the-art 1.0 MTPA cement grinding unit at Sambalpur in Odisha, vide a commercial arrangement with Bhushan Power and Steel Limited, with an objective of meeting the growing cement demand in the region. For media enquiries, please contact – For media enquiries, please contact – media.queries@jsw.in Adfactors PR Shyamprasad Shivadas Anuradha Roy Mobile:+919820831834 Mobile: +917506916497