Announced Sat, 12 Sept · 12:39 IST
BSE clears reclassification of promoter Suchitra Agarwal to public
BURNPUR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹16.71
prior close
₹15.88
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-0.2+4.7+7.6+1.5——————
Up moveDown movePending
AI summary
BSE has approved the reclassification of Mrs. Suchitra Agarwal from Promoter to Public category in Burnpur Cement. She currently holds no shares after UV Asset Reconstruction Company invoked the pledge on promoter shares under the SARFAESI Act. The company is under ARC management. The reclassification follows a Calcutta High Court order and SEBI direction.
Likely market impact
Reduces promoter group classification. Mrs. Agarwal held nil shares but was classified as promoter. Formal reclassification now complete.