Annual Report FY26 filed; company in voluntary liquidation since July 2025
Awaiting price reaction for this filing.
The company filed its 44th Annual Report for FY 2025-26. Hemadri Cements has been in voluntary liquidation under IBC section 59 since 14 July 2025 after stopping operations in August 2024. Net sales collapsed to zero from Rs 794.62 lakh last year. PBT loss narrowed sharply to Rs 126.67 lakh from Rs 2121.71 lakh. Reserves turned positive at Rs 2154.93 lakh against negative 1047.42 lakh earlier, reflecting asset realisation. The Liquidator, Mr S Rajendran, has already made the first interim distribution to shareholders. AGM is on 29 September 2026; members will vote on reappointing an independent director and raising the Liquidator's fee from Rs 50,000 to Rs 1,00,000 per month.
Voluntary liquidation is ongoing and first interim distribution has already been made to shareholders. Further returns depend on recovery of remaining assets.