Hemadri Cements Limited, currently under voluntary liquidation effective from July 14, 2025, has scheduled its 44th Annual General Meeting (AGM) for Tuesday, September 29, 2026. The company’s Board of Directors approved the date and mode of the meeting during its session held on August 13, 2026.

The AGM will commence at 11:00 am and will be conducted exclusively through Video Conferencing (VC) or Other Audio Visual Means (OAVM), as per regulatory guidelines for corporate governance during liquidation proceedings.

Voting and Record Dates

Shareholders holding equity shares as of the cut-off date will be eligible to vote. The company has fixed Tuesday, September 22, 2026, as the cut-off date for determining voting rights.

The register of members and share transfer books will remain closed from September 23, 2026, to September 29, 2026, inclusive, to facilitate the preparation of the register for the AGM.

Remote e-voting facility will be available to shareholders. The voting window opens at 10:00 am on Saturday, September 26, 2026, and closes at 5:00 pm on Monday, September 28, 2026. This process aligns with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Liquidator Details

S. Rajendran serves as the liquidator for Hemadri Cements Limited. The liquidator’s office is located at the second floor of Hari Krupa, 71/1, McNicholas Road (Off. Poonamalle High Road), Chetpet, Chennai - 600 031. Stakeholders may contact the office via phone at 044-2836 1636 or email at vlphemadricements@gmail.com .

The company’s Corporate Identity Number (CIN) is L26942AP1981PLC002995. The scrip code is 502133 and the ISIN is INE07BK01011.

Hemadri Cements Limited (BSE: 502133) reported a net loss of ₹60.08 lakh for the quarter ended June 30, 2026, marking a significant shift from the net profit of ₹270.54 lakh posted in the previous quarter. The company, which has been in voluntary liquidation since July 14, 2025, recorded zero revenue from operations, reflecting the cessation of its core cement business activities.

The financial results were prepared on a liquidation basis rather than a going concern basis, as mandated by the ongoing proceedings under the Insolvency and Bankruptcy Code, 2016. Equity shares of the company were suspended from trading on the Bombay Stock Exchange on November 24, 2025.

Financial Performance

Total income for the quarter stood at ₹7.36 lakh, derived entirely from other income, compared to ₹828.97 lakh in the quarter ended March 31, 2026. The sharp decline in income coincided with total expenses of ₹67.44 lakh, primarily driven by power and fuel costs of ₹28.43 lakh and other expenses of ₹39.01 lakh.

In the prior quarter, the company had recognized a substantial tax expense of ₹381.75 lakh, which contributed to the lower net profit despite higher pre-tax profits. No tax expense was recorded for the current quarter.

Liquidation Progress

The voluntary liquidation process commenced with effect from July 14, 2025. During December 2025, the valuation exercise was completed, and part of the assets were e-auctioned. Proceeds from these auctions were used to distribute funds to creditors against their admitted claims in February 2026.

According to Note 3 of the financial statement, the liquidator initiated the process of interim distribution to equity shareholders at face value (₹10 per share) in July 2026. The liquidator is currently in the process of e-auctioning the remaining assets of the company.

What the Numbers Show

The divergence between the high other income in Q4 FY26 (₹828.97 lakh) and the negligible figure in Q1 FY27 (₹7.36 lakh) suggests that the prior quarter’s profitability was driven by non-recurring liquidation-related gains or asset sales, rather than operational cash flows. With zero operating revenue and continued expenses for power and fuel, the company’s remaining cash reserves are being consumed by the administrative costs of winding down operations.