Shiva Cement board meet Oct 23 for Q2 FY27 results

Board meeting scheduled for October 23, 2026

Shiva Cement Ltd has informed BSE that its Board of Directors will meet on October 23, 2026. The key agenda item is to consider, approve, and take on record the unaudited financial results for the quarter and half-year ended September 30, 2026. The intimation was published on October 16, 2026. The same earnings date also appears as the upcoming Q2 FY26-27 results date.

This update matters because it sets a clear timeline for when investors can expect the next set of numbers. It also comes soon after the company disclosed a board-approved merger plan with JSW Cement. With multiple corporate actions and compliance filings clustered around the same period, the October 23 meeting is an important milestone on the company’s calendar.

What the company told BSE

The disclosure states that the board meeting is scheduled on 23/10/2026. The meeting will consider and approve the unaudited financial results for the quarter and half-year ended 30th September, 2026. The announcement is positioned as a formal board meeting intimation.

Alongside the board meeting notice, the company’s feed also shows routine compliance-related updates. One of these is a certificate filed under Regulation 74(5) of the SEBI (Depositories & Participants) Regulations, 2018, for the quarter ended September 30, 2026. These filings typically relate to confirmation of dematerialised securities and reconciliation processes handled through depositories.

Trading window closure linked to results

Shiva Cement has also disclosed closure of the trading window. As per the update referenced with the results cycle, the insider trading window for designated persons was closed from October 1, 2026. It will remain closed until 48 hours after the financial results are made public.

Trading window closures are standard practice around results announcements. The stated timeline aligns with the scheduled board meeting date and signals that the company is following the disclosure and compliance framework around unpublished price sensitive information.

Merger plan: Shiva Cement to amalgamate with JSW Cement

In a separate development dated September 29, 2026, Shiva Cement’s board approved a scheme to amalgamate with JSW Cement Ltd. The disclosure notes that the merger is subject to approvals, including NCLT approval. The company also published an announcement under Regulation 30 (LODR) related to the scheme of arrangement.

The swap ratio highlighted in the update is 5:41 for public shareholders. This means eligible shareholders would receive 5 new shares for every 41 shares held, subject to the scheme being implemented after the necessary approvals. The merger approval is captured in the company’s board meeting outcome item dated September 29.

Snapshot of reported quarterly numbers in the feed

The dataset provided alongside the company page includes a quarterly table with total income, total expenses, EBIT, and profit after tax (PAT). In the most recent column shown (Jun 2026), total income is listed at 152.56, while total expenses are listed at 144.06. EBIT for the same period is shown at 8.50.

The same table lists PAT at -21.35 for Jun 2026. Earlier quarters shown in the same format include Mar 2026 total income of 122.65 and PAT of -28.63, and Dec 2025 total income of 127.67 with PAT of -33.90. These figures indicate that while operating performance (EBIT) can turn positive in some quarters, bottom-line profitability in the displayed periods remains negative.

Key data table: dates, agenda, and selected metrics

Additional performance indicators shown alongside earnings

The company page also displays a results dashboard that lists Revenue at 151, with QoQ change of 24.83% and YoY change of 43.46%. It also lists Gross Profit at 7, and Net Profit at -21. The same panel shows OPM% at 12.31%.

These dashboard metrics are presented alongside the earnings timeline, including the last earnings date (Q1 FY26-27 on 27th Jul, 2026) and the upcoming earnings date (Q2 FY26-27 on 23rd Oct, 2026). Readers should note that the numbers are shown as part of the site’s results summary and are not presented here with any additional unit detail beyond the values displayed.

Why the October 23 meeting is closely watched

The October 23 board meeting is the formal event where the unaudited quarterly and half-year results are expected to be approved and taken on record. For investors tracking the stock, this is the next confirmed disclosure point for updated financial performance through September 2026.

It also arrives shortly after the merger announcement with JSW Cement. While the merger scheme is subject to regulatory and shareholder processes, routine results disclosures can provide updated context on operations and profitability trends during the period leading up to the proposed amalgamation.

What to track next

Based on the company’s stated timeline, the next step is the outcome of the October 23 board meeting and publication of the unaudited financial results. The trading window is expected to remain closed until 48 hours after the results are made public, as disclosed.

Separately, the merger scheme’s progression will depend on the approvals referenced in the company’s disclosure, including NCLT approval. Any further procedural updates would typically come through additional exchange filings under applicable SEBI regulations.