Shiva Cement said on Wednesday that the board of directors of the company will meet on April 29 to issue 10 million warrants to the promoter group at INR11/share totaling INR11 crore.

In a filing to the Bombay Stock Exchange, the company said the board would also consider the proposal for setting up a 25MW captive power plant, the filing added.

It would also review the ongoing capacity expansion plan and would appoint Vivek Chawla as nominee director of ACC on the board.
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