Promoter Reclassification6 Aug 2026, 04:26 pm
Burnpur Cement Seeks Promoter Reclassification
AI Summary
Burnpur Cement Ltd has submitted an application to the National Stock Exchange of India Limited on August 5, 2026, seeking reclassification of certain individuals and entities from the 'Promoter/Promoter Group' category to the 'Public' category. This action is in accordance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The individuals and entities involved in this reclassification request include Suchitra Agarwal, Ram Prasad Agarwal, Shakuntala Devi Agarwal, Ram Prasad Agarwal (HUF), Manoj Kumar Agarwal, and Bharosa Distributors Pvt. Ltd. The company has requested that this submission be taken on record.
Key Highlights
- Company applied for reclassification of promoters to public category.
- Application submitted under SEBI LODR Regulations 31A.
- Six individuals/entities are part of the reclassification request.
- The move is a significant corporate governance step.
Price Impact
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