Burnpur Cement Limited — Others, 28-06-2025: Action(s) initiated or orders passed

Burnpur Cement Limited has announced a fine of Rs. 1.53 lakh including GST imposed by the National Stock Exchange for delay in submitting the financial results for the quarter and year ended March 2025. The delay was due to the resignation of the statutory auditors, causing audit completion issues beyond management’s control. The company, currently under an Asset Reconstruction Company, is facing financial stress with no operations or revenue in FY 2024-25. A new auditor has been appointed, and audited results will be submitted once finalized. The company plans to seek waiver of the penalty given its financial condition.