Burnpur Cement Hit With Rs 30.91 Lakh Combined Fine by NSE and BSE, Says Penalty Could Further Worsen Financial Position
Burnpur Cement Limited has received notices from the National Stock Exchange of India (NSE) and BSE Limited for non-compliance with Regulation 31A(3)(a) of the SEBI Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015.
Both stock exchanges have imposed a fine of Rs 15.45 lakh, including GST, on the company. This means the total penalty imposed by NSE and BSE comes to around Rs 30.91 lakh. The company received the notices through email on September 15, 2026.
In its disclosure, Burnpur Cement said that the company is currently under the management of an Asset Reconstruction Company (ARC) and is already facing serious financial difficulties. The company said it has had no operations and generated zero revenue during the financial years 2024-25 and 2025-26.
Burnpur Cement said that the fines would add a further financial burden to the company and worsen its existing financial position. The company has stated that it will approach the authorities and request a waiver of the penalties, citing its current financial condition.
The company has informed NSE and BSE about the matter as required under SEBI disclosure regulations.
