Burnpur Cement Limited — Important, 19-01-2026: Disclosure of material issue

Burnpur Cement's Board has approved the reclassification of two individuals, Shehul Sandip Parikh and Rakhi Parikh, from the 'Promoter/Promoter Group' category to the 'Public Category' shareholders.

**Issue:** These individuals, while previously classified as promoters, hold **NIL** equity shares (0%) in the company and have confirmed they do not exercise control, have special rights, or act as Key Managerial Personnel (KMP). They requested this formal reclassification.

**Possible Impact:** For retail investors, this is primarily a structural housekeeping move. Since these individuals held no shares and had no active role or control, their reclassification formalizes their non-promoter status. It does not imply any change in company control, management, or strategy, nor does it affect existing public shareholdings. It streamlines the shareholding pattern by accurately reflecting who the effective promoters are.

**Company's Response:** The Board reviewed their requests and confirmed they meet all the necessary conditions for reclassification. The company will now proceed to obtain 'No-Objection' from the stock exchanges (NSE and BSE) to finalize this change.