Copy of Newspaper Publication of Financial Results for the quarter ended 30 September 2025.
Awaiting price reaction for this filing.
Hemadri Cements Limited, which is already in voluntary liquidation since 14 July 2025, has published its unaudited financial results for the six months ended 30 September 2025 in Financial Express (English) and Prajasakti (Telugu) newspapers, as required under SEBI's listing regulations. Operations were halted in August 2024 after continuous losses since FY2022-23, and the Board recommended voluntary liquidation in June 2025 under the Insolvency and Bankruptcy Code. Mr. Rajendran Shanmugham has been appointed as the Liquidator, and asset valuation is currently in progress. The results show ongoing losses for the period, with the company stating management is confident that realisable value of assets will exceed liabilities. Interest on borrowings has been provided only up to July 2025 since liquidation commenced mid-year.
This is a regulatory compliance filing with no new business decision - the company is already in liquidation and shares are likely illiquid or being delisted. Existing shareholders face an uncertain recovery depending on asset valuation and the liquidation process outcome, with the management expressing confidence that asset values will cover liabilities.