Burnpur Cement Share Price

Burnpur Cement Limited (BCL) was incorporated on June 19, 1986 as Ashoka Concrete and Allied Industries Private Limited. The company has started its operation in October 1991 with a small plant of 30 TPD at Asansol to produce Portland Slag Cement (PSC). The name of the Company was changed to Burnpur Cement Private Limited on September 18, 2001. It was subsequently converted into a Public limited company and the name was changed to Burnpur Cement Limited on November 12, 2001. The company is primarily engaged in manufacturing of Cement and had manufacturing facilities located in Jharkhand upto 29th Nov, 2023. The Company was initially engaged in trading activities. The production phase was ushered in with the commissioning of the Plant in October 1991. A slow and steady commissioning of other units led to a gradual stepping up of production over the years. Expansion of facilities over the years has resulted in a capacity of 1000 TPD of cement making. The Company has earned brand recognition for consistent product quality, customer satisfaction, marketing network etc. For its consistent and continuous endeavors the company has received ISO9001:2000 in 2004The Company is one of the few cement manufacturers of Eastern India having its market presence in West Bengal, Jharkhand and Bihar. The company intends to expand its network in Orissa, Madhya Pradesh, Uttaranchal, Haryana and Delhi in the near future.The Company invested a sum of Rs 197 Crores towards doubling its cement manufacturing capacity from 1,000 TPD to 2,000 TPD by 2014 and also integrating backward through adding an 800 TPD clinkerisation plant (with a provision to enhance the same to 2,000 TPD). The 1st phase of production from grinding unit started in May, 2015 and production from clinker unit was started in December, 2015.Company was classified as NPA back in December 2016. Since January 2017, the Company has been operating the Cement Division. On November 29, 2023, M/s UV Asset Reconstruction Company Limited (UVARCL), by exercising their powers conferred to them under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 read with Security Interest (Enforcement) Rules, 2002, had by an auction process sold the entire immoveable and moveable assets of the Company situated at Patratu, Jharkhand to M/s Ultratech Cement Limited, hence at present Company do not have any operational unit.