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Additional District and Sessions Judge (First) ID Mishra ordered that the four be hanged till death for perpetrating the dastardly crime on October 26, 2007.
The four condemned Naxals are Chhatrapati Mandal, Manoj Rajwar, Jiten Marandi and Anil Ram.
The court had on Wednesday acquitted Hafiz Ahmed, Tutlal Yadav, Kishan Rajwar, Ram Sahay Das, Sitaram Turi and Mangru Kisku in the case for want of evidence.
Former Jharkhand chief minister Babulal Marandi`s son Anup was among the 20 villagers who were gunned down while watching a cultural programme in Chilkhari under Deori police station in Giridih district.
Marandi`s brother escaped the attack.
While 19 people died on the spot, one woman succumbed to her injuries the next day.