Burnpur Cement Limited informed that SEBI vide order dated June 14, 2023 imposed penalty on the Company for an amount of INR 5,00,000/- under Section 15HA of SEBI Act, 1992 (minimum penalty for fraudulent and unfair trade practices) and INR 1,00,000/- under Section 15HB of SEBI Act, 1992 (minimum penalty for contravention when no separate penalty has been provided) for violation of the provisions of SEBI (LODR) Regulations, 2015 and SEBI (PFUTP) Regulations, 2003. Further the above penalty has been imposed for violations pertaining to the Fiscal Year 2018-19 i.e. period prior to invocation of SARFAESI Act, 2002 by M/s UV Asset Reconstruction Company Limited.