Hemadri Cements liquidator distributes Rs 10 per share

1 min read     Updated on 22 Jul 2026, 10:28 AM
scanx
Reviewed by
Shriram SScanX News Team
AI Summary

Hemadri Cements Limited's liquidator distributed ₹10 per share to 4,712 equity shareholders, totaling ₹72,52,960 via NEFT/RTGS on July 20-21, 2026. Physical shareholders must update their details with the RTA to receive payouts.

powered bylight_fuzz_icon
46241871

*this image is generated using AI for illustrative purposes only.

Hemadri Cements Limited has distributed proceeds of ₹10 per share to its equity shareholders as part of its voluntary liquidation process. The liquidator completed payments totaling ₹72,52,960 to 4,712 shareholders holding shares in demat format on July 20 and July 21, 2026.

The distribution, equivalent to the face value of the shares, was made pursuant to the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI LODR) and the Insolvency and Bankruptcy Code, 2016 (IBC). The intimation was addressed to the Listing Department of the Bombay Stock Exchange.

Distribution Details

The payments were processed through NEFT and RTGS modes. The following table details the distribution:

Payment Mode No. of Records Total No. of Shares Total Amount Paid (in Rs.)
NEFT/RTGS 4712 7,25,296 72,52,960

Instructions for Physical Shareholders

Shareholders holding shares in physical format have been instructed to update or notify any changes in their postal address, email address, and bank account details to the Registrar and Transfer Agent (RTA) of the company. This step is necessary to facilitate the release of payouts to these shareholders.

Contact Information

The RTA, CAMEO Corporate Services Limited, can be contacted via their website Wisdom.cameoindia.com or at their office in Subramanian Building, Chennai. The liquidator's office, managed by Mr. K. Raghu, is located at Hari Krupa, Chetpet, Chennai, and can be reached via email at vlphemadricements@gmail.com or by phone.

What is the estimated timeline for the liquidator to process payouts for shareholders holding physical shares?

Will the company face any legal challenges or creditor claims that could delay the final closure of the liquidation process?

How might this voluntary liquidation impact the credit ratings or future business ventures of the company's promoters?

like17
dislike

Hemadri Cements director Gopalsamy Rajan passes away

1 min read     Updated on 19 Jun 2026, 12:34 PM
scanx
Reviewed by
Naman SScanX News Team
AI Summary

Hemadri Cements Limited reported the death of Director Mr. Gopalsamy Rajan on June 18, 2026, via a regulatory filing to BSE. The company, in voluntary liquidation since July 2025, cited SEBI LODR Regulations for the disclosure. Mr. Rajan had been with the company since 2021.

powered bylight_fuzz_icon
43398267

*this image is generated using AI for illustrative purposes only.

Hemadri Cements Limited announced the demise of its Director, Mr. Gopalsamy Rajan, on June 18, 2026. The company, which is currently undergoing voluntary liquidation effective July 14, 2025, informed the stock exchanges regarding the event. The Board of Directors and employees expressed their condolences to the bereaved family.

The intimation was submitted to BSE Limited pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was also made in accordance with SEBI Circular No: CIR/CFD/CMD/4/2015 dated September 9, 2015.

Mr. Gopalsamy Rajan had been associated with Hemadri Cements Limited since 2021. The company acknowledged his significant contribution to its growth and development during his tenure.

Details of the Event

The following table outlines the specific details regarding the change in directorship as disclosed in the regulatory filing:

S.No Particulars Details
1. Reason for change Death
2. Date of occurrence of event/information 18 June 2026
3. Brief Profile Not Applicable
4. Disclosure of relationships Between the Directors Not Applicable

The filing was signed by Sivasamy Raju, Director, on behalf of Hemadri Cements Limited. The liquidator's office is located in Chennai, and the company's Corporate Identity Number (CIN) is L26942AP1981PLC002995.

How will the death of a director impact the timeline of the ongoing voluntary liquidation process?

Will the company appoint a replacement director to oversee the remaining liquidation proceedings?

What are the expected next steps for the liquidator following this regulatory disclosure?

like16
dislike

More News on Hemadri Cements Limited