Hemadri Cements Limited Successfully Completes Property E-Auction Sale
Hemadri Cements Limited successfully completed a property e-auction on 23rd January 2026 as part of its voluntary liquidation process that began on 14th July 2025. The properties detailed in the 26th December 2025 sale notice were sold to a successful bidder, with a letter of intent issued for balance payment. The company informed BSE Limited of the completion in compliance with SEBI Regulation 30 requirements.
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Hemadri Cements Limited has announced the successful completion of a property e-auction, marking a significant step in its ongoing voluntary liquidation process. The company informed BSE Limited about the auction results through a regulatory filing dated 3rd February 2026.
E-Auction Details
The e-auction was conducted on 23rd January 2026, involving properties that were detailed in the sale notice and process memorandum issued on 26th December 2025. The auction process has been completed successfully with the identification of a winning bidder.
| Parameter: | Details |
|---|---|
| Auction Date: | 23rd January 2026 |
| Sale Notice Date: | 26th December 2025 |
| Status: | Successfully completed |
| Next Step: | Balance payment by successful bidder |
Current Company Status
Hemadri Cements Limited has been operating under voluntary liquidation since 14th July 2025. The liquidation process is being overseen by S. Rajendran, whose office is located at 2nd Floor, Hari Krupa, 71/1, McNicholas Road, Chetpet, Chennai.
Regulatory Compliance
The announcement was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. A letter of intent has been issued to the successful bidder for payment of the balance sale consideration, indicating the formal progression of the asset disposal process.
Company Information
Hemadri Cements Limited trades on BSE with scrip code 502133 and ISIN INE07BK01011. The company was originally incorporated in 1981 with CIN L26942AP1981PLC002995. The regulatory filing was signed by Sivasamy Raju, Director of the company.
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