Disclosure of material issue

Burnpur Cement Limited has received an order from the National Stock Exchange (NSE) conveying a "No Objection" regarding the reclassification of Mrs. Suchitra Agarwal from the "Promoter" category to the "Public" category, following directions from the Hon’ble Calcutta High Court and SEBI. **Issue:** The company's board had previously rejected the reclassification request because management was taken over by an Asset Reconstruction Company (UVARCL) following debt defaults, with a potential future return of management to the promoters. **Impact:** The NSE has cleared the reclassification of the promoter to the public category, altering the shareholding structure classifications. **Company’s Response/Mitigation Plan:** The company submitted the required reclassification application to the NSE following regulatory directives and processed the exchange's order.