Shiva Cement Limited shareholders have approved the re-appointment of Manoj Kumar Rustagi as Whole-time Director and CEO and sanctioned material related party transactions for the financial year 2026-27. The resolutions were passed with the requisite majority through a remote e-voting process that concluded on June 13, 2026.

The postal ballot sought approval for five resolutions. The special resolution for the re-appointment of Mr. Manoj Kumar Rustagi (DIN: 07742914) received 91.37% votes in favour. Additionally, four ordinary resolutions approving related party transactions with JSW Cement Limited, JSW JFE Steel Limited, Bhushan Steel and Power Limited, and JSW International Tradecorp PTE Limited were passed with over 97% approval from public non-institutional shareholders.

The remote e-voting period was open from May 15, 2026, to June 13, 2026. A total of 631,379 votes were polled, representing 0.21% of the total outstanding shares. Promoters and public institutions did not participate in the voting process. The scrutinizer, Meghana Mhatre of Meghana Mhatre & Associates, validated the results and confirmed the passing of all resolutions.

Voting Results Summary

The company disclosed that the promoters are interested in all the resolutions put to vote. The results were submitted to BSE Limited pursuant to Regulation 30 and 44(3) of the SEBI Listing Regulations.

Shiva Cement Limited has announced the completion of dispatch of its Postal Ballot Notice dated May 14, 2026, to all eligible shareholders. The notice was sent exclusively through electronic mode to members whose names appeared in the Company's register of members or as beneficial owners with depositories as on the cut-off date of Friday, May 8, 2026. The advertisement pertaining to this dispatch was published in the Financial Express (English, all editions) and Navshakti (Marathi) newspapers on May 15, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resolutions Proposed Under Postal Ballot

The Postal Ballot Notice seeks shareholder approval through remote e-voting on five resolutions spanning director re-appointment and material related party transactions. The resolutions are detailed below:

E-Voting Process and Timeline

The e-voting facility has been made available to shareholders through NSDL. Members holding shares in physical or dematerialised form as on the cut-off date of Friday, May 8, 2026, are eligible to cast their votes electronically. Key details of the e-voting process are outlined below:

In accordance with MCA Circulars governing postal ballot through remote e-voting, hard copies of the Postal Ballot Notice along with postal ballot forms and prepaid business reply envelopes will not be sent to members. All communication of assent or dissent will take place exclusively through the e-voting system.

Availability of Notice and Result Declaration

The Postal Ballot Notice is available for download on the Company's website at www.shivacement.com , on the BSE Limited website at www.bseindia.com , and on the NSDL e-voting portal at www.evoting.nsdl.com . The results of the e-voting, along with the Scrutinizer's Report, will be declared within two working days from the date of closure of e-voting and published on the Company's website, BSE's website, and NSDL's website. If passed by the requisite majority, the resolutions will be deemed to have been passed on Saturday, June 13, 2026, being the last date specified for e-voting.

Shareholder Facilitation Measures

Shareholders holding shares in physical mode whose email addresses are not registered with the Company or its Registrar and Transfer Agent (KFin Technologies Limited) may register their details by completing KYC formalities in terms of SEBI Master Circular No. SEBI/HR/14/MRSD/POD-1/P/CR/2024/37 dated May 07, 2024. KYC forms are available at https://shivacement.com/kyc-forms/ . Additionally, in accordance with SEBI Circular No. HO/38/13/11(2) 2026-MIRSD-POD/1/3750/2026 dated January 30, 2026, a special window has been opened from February 05, 2026 to February 04, 2027 for re-lodgement of transfer deeds originally submitted prior to April 01, 2019 but rejected, returned, or not processed due to documentation or process deficiencies. For queries related to remote e-voting, members may contact NSDL at 022-4886 7000 or write to Ms. Pallavi Mhatre, Senior Manager, NSDL at evoting@nsdl.com . The disclosure was signed by Ishika Sharma, Company Secretary and Compliance Officer (Membership No. A70573), on behalf of Shiva Cement Limited, from Mumbai on May 14, 2026.