Hemadri Cements' CFO and CEO Step Down Amid Voluntary Liquidation

Hemadri Cements Limited, a company currently undergoing voluntary liquidation, has announced the resignation of two key executives, marking a significant change in its leadership structure.

Executive Resignations

Chief Financial Officer (CFO) Krishnamurthy Suryanarayanan and Chief Executive Officer (CEO) Sujay Sambamoorthy have both tendered their resignations, citing personal reasons. The Board of Directors acknowledged these resignations during a meeting held on September 11, 2025.

Effective Date and Transition

Both executives will be relieved from their services at the close of business hours on September 2, 2025, as per their resignation letters dated the same day. The company's Board of Directors has expressed appreciation for the valuable contributions made by both Mr. Suryanarayanan and Mr. Sambamoorthy during their respective tenures.

Company Status

Hemadri Cements Limited has been in voluntary liquidation since July 14, 2025. This context adds significance to the departure of these key executives.

Regulatory Compliance

The company has made these disclosures in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The necessary documentation, including the resignation letters and required disclosures, has been submitted to the BSE Limited.

Company Details

Hemadri Cements Limited, with its registered office and factory located in Vedari Village, Jaggaiahpet Mandal, Krishna District, Andhra Pradesh, is listed on the BSE.

The Board meeting discussing these changes commenced at 11:30 AM and concluded at 1:30 PM on September 11, 2025.