Burnpur Cement Limited has announced a leadership move that tightens its financial leadership from within. UV Asset Reconstruction Company Limited (ARC) has approved the re-appointment and redesignation of Pawan Pareek as Whole-time Director and CFO for a two-year term, effective 18-05-2026. The ARC’s approval comes after Pareek was already redesignated by Burnpur Cement’s Board of Directors as Whole-time Director and CFO on 18-05-2026, signaling a continuation of his central role in steering the company’s financial strategy amid a restructuring backdrop.
Pareek, aged about 56, is described in the company’s filings as a commerce graduate with more than 36 years of experience spanning commercial, administration and accounts functions. His career includes a long stint as Accounts Manager and Director at Shri Badrinarayan Alloys & Steel Limited, as well as a spell as Commercial Manager at Shyam Metalicks Ltd. The annexure attached to the announcement highlights his capability in liaising with various government bodies, a skillset the company likely views as valuable as it navigates complex regulatory and financial environments.
This governance-oriented move underscores Burnpur Cement’s intent to maintain continuity at the top of its financial leadership while aligning with the broader asset-reconstruction framework governing the company’s current management changes. Investors and stakeholders will be watching how Pareek’s two-year tenure shapes budgeting discipline, cash-flow management, and stakeholder liaison as Burnpur Cement pursues its strategic priorities in the coming period.