Burnpur Cement Limited — Important, 17-08-2026: Disclosure of material issue

A significant management change has occurred at Burnpur Cement, with UV Asset Reconstruction Company (ARC) taking over control under the SARFAESI Act. This signals past financial distress leading to new oversight.

However, the new management has moved to ensure continuity by re-appointing Mr. Pawan Pareek, previously Executive Director & CFO, as the Whole-time Director & CFO for two years, effective May 18, 2026. Pareek brings over 36 years of experience in commercial, administration, and accounts.

**Investor takeaway:** While ARC intervention points to challenges, retaining a key finance leader suggests efforts to stabilize operations and management under the new regime.