Burnpur Cement Limited has informed the Exchange regarding Change in Director(s) of the company.
Awaiting price reaction for this filing.
Burnpur Cement Limited has re-appointed Mrs. Rashmi Goyal (DIN 11328450) as an Independent Non-executive Director on its Board for a period of 5 years, effective from 9th October 2025. The re-appointment was approved by UV Asset Reconstruction Company Limited (ARC), which currently controls the company's management under the SARFAESI Act, 2002. Mrs. Goyal is a Practicing Chartered Accountant with 13 years of experience in finance and taxation, and is a former employee of PepsiCo India Holdings. She is not related to any existing directors, KMP, or promoters of the company, and is not debarred by SEBI from holding a directorship.
This is a routine board-level confirmation formalising Mrs. Goyal's position. However, the underlying context remains important: Burnpur Cement's management continues to be controlled by an Asset Reconstruction Company under the SARFAESI Act, which signals the company is in a stressed/distressed situation with lenders in charge. Shareholders should monitor the company's resolution and recovery progress.