StockWatch
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Cement & Cement Products
Promoter Reclassification16 Sept 2026, 04:12 pm

Burnpur Cement Receives NSE NOC for Promoter Reclassification

AI Summary

Burnpur Cement Ltd has received a No Objection Certificate (NOC) from the National Stock Exchange (NSE) for the reclassification of two promoters, Rakhi Parikh and Shehul Sandip Parikh, from the 'Promoter' category to the 'Public Category'. This reclassification is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had applied for this reclassification on January 24, 2026, and the NSE granted its approval on September 15, 2026. Burnpur Cement is required to ensure compliance with all subsequent disclosure requirements related to this change.

Key Highlights

  • NSE grants NOC for promoter reclassification.
  • Two promoters moving from 'Promoter' to 'Public' category.
  • Reclassification follows SEBI Regulation 31A.
  • Company must adhere to future disclosure norms.