Burnpur Cement Ltd updates details of Key Managerial Personnel (KMPs) for determining event materiality in compliance with SEBI Regulation 30.
Burnpur Cement Discloses KMP Details to Define Material Events
Kolkata, May 28, 2025 — Burnpur Cement Ltd (BSE: 532931), a well-established name in India’s cement manufacturing sector, has made an important regulatory update in line with SEBI’s Listing Obligations and Disclosure Requirements (Regulation 30). The company has officially named its Key Managerial Personnel (KMPs) who will be responsible for evaluating and determining the significance of events or information that may require public disclosure.
This move not only encourages more openness in the organization but also demonstrates Burnpur Cement’s sustained support for good corporate governance. By making sure material developments are reported in a timely and responsible way, the company goes on to uphold trust among its shareholders and stakeholders.
Why the Disclosure Matters
Under Regulation 30 of SEBI’s LODR norms, listed companies are mandated to disclose material events that may influence stock prices or investor decisions. The determination of what qualifies as “material” often lies with designated senior executives or KMPs. With this disclosure, Burnpur Cement has clearly identified which of its executives are responsible for such determinations going forward.
The official announcement was made through the Bombay Stock Exchange (BSE) and aligns with the best practices in corporate governance.
About Burnpur Cement Ltd
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Set up to supply good quality cement to India’s growing infrastructure and construction industry, Burnpur Cement Ltd has become a significant industry player in India’s eastern region. It has production units in West Bengal and Jharkhand, churning out a consistent output of quality cement products.
Burnpur Cement has always been recognized for its compliance-focused strategy and adherence to ethical business practices. With this new update, the company fortifies its communication channel between markets and management.
Implications for Investors
For investors, this update is a positive move. By explicitly defining the KMPs responsible for deciding what constitutes a material event, Burnpur Cement reduces ambiguity and enhances transparency. This measure ensures that any future developments with potential financial or operational impact will be vetted and disclosed in a timely manner by authorized personnel.
Such clarity is especially crucial for retail and institutional investors tracking regulatory filings to assess risk and make informed decisions.
What the Filing Includes
While the announcement did not detail specific personnel in the public-facing summary, the full list of designated KMPs can be accessed in the filing available on the BSE website. The attached PDF outlines names, roles, and contact points, ensuring compliance and accountability within the disclosure ecosystem.
