BSEBurnpur Cement LtdHighNeutral
Announced Sat, 24 Jan · 15:30 IST

Intimation of Submission of Application for reclassification.

Ownership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Burnpur Cement has submitted an application to BSE seeking no-objection for reclassifying two individuals — Shehul Sandip Parikh and Rakhi Parikh — from the 'Promoter/Promoter Group' category to the 'Public' category under SEBI LODR Regulation 31A. Both individuals currently hold zero equity shares in the company. This is a continuation of earlier intimations dated 20 November 2025 and 19 January 2026. The reclassification is purely procedural since neither holds any stake in the company.

Likely market impact

This is a housekeeping disclosure confirming that two named promoters no longer hold any shares and are being reclassified as public. It does not change the company's shareholding structure and is unlikely to have any material impact on the stock price.