ALPHA TRIBE

Hemadri Cements LtdUpdates, 07-05-2025: Company Update

07-05-2025 | 11:26 am

Hemadri Cements Limited has announced a board meeting to consider the financial results for the quarter and half-year. Additionally, a corrigendum was issued due to an inadvertent omission of the quarterly results in newspapers, which has now been rectified. Separate notices detail multiple immovable properties under possession or up for e-auction by Karnataka Bank Ltd and SMFG India Credit Company Limited due to secured debt defaults by various borrowers. These sales aim to recover dues, impacting the secured creditors and highlighting ongoing recovery actions in the company's lending and credit environment.

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