Hemadri Cements Limited, which has been in voluntary liquidation effective from 14th July 2025, conducted a Contributories Meeting on 24th April 2026. The meeting was held through video conference by Liquidator S. Rajendran in compliance with Regulation 37 of the IBBI (Voluntary Liquidation Process) Regulations, 2017.

Meeting Details

The Contributories Meeting commenced at 11:30 A.M and concluded at 12:15 P.M on 24th April 2026. During the proceedings, the Liquidator presented a Status Report indicating the progress made in the voluntary liquidation process as provided under the VLP Regulations. The meeting was convened pursuant to a notice dated 16th April 2026 that was issued to the contributories.

Company Information

Liquidator Details

S. Rajendran serves as the Liquidator for Hemadri Cements Limited. The Liquidator's office is located at 2nd Floor, Hari Krupa, 71/1, McNicholas Road (Off. Poonamalle High Road), Chetpet, Chennai - 600 031. The IBBI Registration Number is IBBI/IPA-002/IP-N00098/2017-18/10241, with authorisation for assignment valid up to 31st December 2026. The communication was addressed to BSE Limited at Phiroze JeeJeebhoy Towers, Dalal Street, Mumbai – 400001.

Hemadri Cements Limited has scheduled a contributories meeting for April 24, 2026 at 11:30 AM through video conference as part of its ongoing voluntary liquidation process. The meeting becomes mandatory under regulatory requirements as the liquidation timeline has extended beyond the initial 270-day period.

Regulatory Compliance and Timeline

The company entered voluntary liquidation on July 14, 2025, following approval from both members and creditors. According to Regulation 37(2)(a)(i) of IBBI (Voluntary Liquidation Process) Regulations, 2017, when the liquidation process continues beyond 270 days from the commencement date, the liquidator must hold a contributories meeting within 15 days. The 270th day was completed on April 9, 2026, triggering this regulatory requirement.

Meeting Agenda and Status Report

Liquidator S. Rajendran will present a comprehensive status report indicating progress in the liquidation process. The report will cover multiple critical areas of the liquidation proceedings:

• Settlement of list of stakeholders
• Details of any assets that remain to be sold and realised
• Distribution made to the stakeholders
• Distribution of unsold assets made to the stakeholders
• Developments in any material litigation, by or against the corporate person
• Filing of, and developments in application for avoidance of transactions in accordance with the Code
• The reasons for not completing the process within stipulated time period and the additional time required for completing the process

Participation Guidelines

The meeting will be conducted through Central Depository Services (India) Limited's video conferencing facility. Contributors can join the meeting 15 minutes before and after the scheduled time. The term 'contributory' is defined under the VLP Regulations as "a member of a company, partner of a limited liability partnership, and any other person liable to contribute towards the assets of the corporate person in the event of its liquidation."

Technical Access and Support

Shareholders holding securities in demat mode with CDSL or NSDL can access the meeting through their respective depository login systems. Physical shareholders and non-individual shareholders can log in through www.evotingindia.com using their folio numbers or beneficiary IDs. Technical support is available through CDSL helpdesk at helpdesk.evoting@cdslindia.com or toll-free number 1800 21 09911.

The notice has been communicated to BSE Limited and will be available on the company's website at hemadricements.com and BSE's website for download. Members whose email IDs are not registered with the company are advised to update their contact information by emailing cs@hemadricements.com .