MESSAGES

One more day of 6th May left, to buy in this price range, after that share price will be inching to higher levels little bit little as it has shown three months sale of 144 crores and cash profit of almost 30 crores, if we DO NOT CONSIDER Depreciation and financial expenses. After this 400 crore right issue collections, financial exp. is going to go down and one more point, alternate energy of 8.9 MW internal generation will be used and energy charges will start coming down. In next year end means March 2026 , one million tons cement grinding mill will also get started, and some income from DOLOMITE SALE will start coming too. I do hope, with blessings of GOD, we will see share price in THREE DIGITS .in one or two years from now. Just my judgement, can be exccessee rated judgement too. Please make your own calculation before you invest. Have a good day.

the promoters will subscribe to all unsubscribed rights and their stake will increase above 60 percent. 89 lakh volume has taken place in the rights entitlement. this works to around 9 percent of shareholders have sold their rights. assuming there is no square up in rights entitlement.

Thanks asif ji, what a CLEAR CUT DATA you have presented. Now I can expect my shiva rights share on or near by 14th May. 2024. I did lots of digging into DOLOMITE data in google. Right now Bhutan country is having GOOD quality Dolomite deposits and most of the Indian steel mills , do get dolomite from Bhutan. Now if SHIVA cement lime stone mine, which does have a DOLOMITE deposits of 73 Million Tonsis lot of dolomite and will give a good stream of Revenue addition. Since this is just to dig out and sent out action, Logistic expenses will be major portion of this business. I am talking about this LIME MINE, which have a COMMERCIAL BUSINESS STATUS, means, lime stone can also be sold by shiva, if they want to. Lets wait for next 6 more months, to see its share price reaches 85 or not. PLEASE comment on these facts , to prove me wrong. Have a good day.

. ISSUE SCHEDULE LAST DATE FOR CREDIT OF RIGHTS ENTITLEMENTS Friday, April 19, 2024 ISSUE OPENING DATE Monday, April 22, 2024 LAST DATE FOR ON MARKET RENUNCIATION OF RIGHTS ENTITLEMENTS # Tuesday, April 30, 2024 ISSUE CLOSING DATE* Monday, May 6, 2024 FINALISATION OF BASIS OF ALLOTMENT (ON OR ABOUT) Friday, May 10, 2024 DATE OF ALLOTMENT (ON OR ABOUT) Saturday, May 11, 2024 DATE OF CREDIT (ON OR ABOUT) Tuesday, May 14, 2024 DATE OF LISTING (ON OR ABOUT) Monday, May 20, 2024

If anybody knows, when the SHIVA RIGHTS SHARES will be credited into our portfolios, if company has mentioned any particualr date for that action. On 6th May rights issue closes but when these will be credited, I do not know. Please reply anyone. Thanks and Have a good day.

your view is perfect except that only 89 l rights have been traded. so the management stake could increase in the range 63 to 67 percent if they buy 1 to 2 cr additional rights

aaarcee ji, for 19.5 crore shares, 10 crores new shares are being alloted as rights shares. Out of 10 crores, 6 crores right shares comes under promoters rights shares, Now LEFT OVER 4 crores RIGHTS SHARES, are to be subscribbed by Public. As per my estimation out of 4 crores shares , if 2 crore shares have been sold as RE , these RE is supposed to be BOUGHT by promoters friendly accounts. or if some RE is not sold or not subscribed, those will again come under OFFICIALLY UNDER PROMOTERs right to apply rights. So over all 65 percent shares will come OFFICIALLY under promoters ownership. Now to save IPO expenses, JSW cement CAN , REVERSE MERGER jsw cement to get into listing mode. So based on working capacity, they can offer new named , shiva or jsw cement , shares to shiva cement holders investors. This is my expectation only. Please consider some financial expert before you invest in any business or shares. Have a good day.