
Promoter Reclassification16 Sept 2026, 04:19 pm
Burnpur Cement Gets NSE Nod for Promoter Reclassification
AI Summary
Burnpur Cement Ltd has received approval from the National Stock Exchange (NSE) for the reclassification of five promoters/promoter groups. These individuals and entities will now be moved from the 'Promoter/Promoter Group' category to the 'Public Category' as per Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval follows an application made by the company on August 5, 2026, with the NSE issuing its no-objection letter on September 15, 2026. This move signifies a change in the shareholding structure and regulatory classification of these entities.
Key Highlights
- NSE approves reclassification of 5 promoters/promoter groups.
- Reclassification moves entities from 'Promoter' to 'Public' category.
- Action taken as per SEBI Regulation 31A.
- Company applied for reclassification on August 5, 2026.
- NSE granted no-objection on September 15, 2026.
Price Impact
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