Announced Mon, 17 Aug · 17:55 IST
Pawan Pareek redesignated as Whole time Director and CFO for 2 years
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
-9.7%1-day move
₹17.41
prior close
₹16.54
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-9.7-14.2-18.4-22.5-30.2-15.6+11.8+3.3——
Up moveDown movePending
AI summary
UV Asset Reconstruction Company, which controls Burnpur Cement under the SARFAESI Act, approved the re-appointment of Mr. Pawan Pareek as Whole time Director and CFO for 2 years effective 18 May 2026. He was earlier Executive Director and CFO, originally appointed on 1 October 2019 and re-appointed on 19 September 2024. Pareek is 56, a Commerce Graduate with 36 plus years of experience in commercial, administration and accounts.
Likely market impact
Continuity in leadership as ARC retains existing director. No material change expected for shareholders from this redesignation.