Burnpur Cement Limited announced the outcome of its Board Meeting held on January 19, 2026, where the reclassification of promoters from the "Promoter/Promoter Group" category to the "Public Category" was approved.

The reclassification pertains to promoter shareholders Shehul Sandip Parikh and Rakhi Parikh. These individuals confirmed that they do not collectively hold more than ten percent of the company's voting rights, do not exercise control over the company's affairs, have no special rights through formal or informal arrangements, do not represent on the Board, are not Key Managerial Personnel, and are not wilful defaulters or fugitive economic offenders.

The Board noted that the applicants comply with Regulation 31A(3)(b) of the SEBI (LODR) Regulations, 2015. The reclassification requires no-objection from the stock exchanges (NSE and BSE) and does not necessitate shareholder approval as the outgoing promoters and related persons together hold less than one percent of the total voting rights. The company will undertake further steps with the stock exchanges in due course.

The Board Meeting commenced at 3:30 PM and concluded at 4:50 PM.