Hemadri Cements Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 29/05/2026 ,inter alia, to consider and approve Intimation of Adjournment of ....
Awaiting price reaction for this filing.
Hemadri Cements Ltd has announced that its Board meeting scheduled for May 22, 2026 to consider audited financial results for Q4 and FY ended March 2026 was adjourned due to lack of quorum. The meeting has been rescheduled to May 29, 2026. Critically, the company is in Voluntary Liquidation with effect from July 14, 2025, meaning the company is being wound up. The trading window will remain closed until 48 hours after the financial results are declared. This is an unusual situation as the company is in the process of dissolution while still filing financial results with BSE.
Extremely negative for shareholders — the company is in voluntary liquidation, meaning it is being wound up and shareholders may receive little to no value upon final dissolution. The adjournment due to lack of quorum suggests governance issues during an already critical period.