Burnpur Cement Limited
Key Event Details
On November 10, 2026, Burnpur Cement Limited received an intimation letter from UV Asset Reconstruction Company Limited (the ARC Company) informing that it has reassigned/transferred the debts of Burnpur Cement Limited to CFM Asset Reconstruction Private Limited. The transfer includes all underlying securities and associated rights related to the debts.
Parties Involved
- Transferor: UV Asset Reconstruction Company Limited (current ARC)
- Transferee: CFM Asset Reconstruction Private Limited (new ARC)
Company Response and Actions
The Company has taken note of the intimation and will make necessary consequential changes in its records in accordance with the terms of the assignment and applicable laws. The Company has committed to keep the Stock Exchanges informed of any further material developments in this regard as required under SEBI (LODR) Regulations, 2015.
Financial Impact
Financial impact of the debt reassignment has not been quantified in the disclosure.