Burnpur Cement Limited — Others, 11-08-2025: Shareholders meeting

Burnpur Cement's latest annual report reveals the sale of all its revenue-generating assets, including the Patratu plant, for Rs. 169.79 crore. The company is now non-operational, reporting a net loss of Rs. 42.46 crore and a pre-tax loss of Rs. 66.61 crore for the year. Auditors explicitly state the company is not a "going concern" due to continuous losses and inability to meet obligations. Its equity share capital has been significantly reduced from Rs. 86.12 crore to Rs. 17.22 crore following NCLT approval. The Annual General Meeting will convene virtually to adopt these results and approve new statutory auditors.