Intimation under Reg 30
Awaiting price reaction for this filing.
Burnpur Cement has informed the exchanges that UV Asset Reconstruction Company Limited (ARC), which now controls the company's management under the SARFAESI Act, has approved the re-appointment of Mrs. Rashmi Goyal (DIN 11328450) as an Independent Director for a 5-year term effective 9 October 2025. She was originally brought on as an additional director on the same date. Mrs. Goyal is a practicing Chartered Accountant from Delhi with 13 years of experience in finance and taxation, and a former PepsiCo India employee. She is not related to any existing directors or promoters, and is not barred from holding office by SEBI or any other authority.
This is a routine governance confirmation following UV ARC's takeover of the company. For retail investors, the larger context remains that Burnpur Cement is under ARC (asset reconstruction) control, which signals past financial stress; the 5-year stability of an independent director is a positive governance signal but does not change the fundamental business situation.