Hemadri Cements Ltd — Board Meeting, 18-06-2025: Board Meeting
18-06-2025 | 01:51 pm
18-06-2025 | 01:51 pm
Hemadri Cements Limited has announced a board meeting in which the Board approved the proposal for voluntary liquidation, subject to member and creditor approvals. The Board proposed appointing Mr. Rajendran Shanmugam, a registered Insolvency Professional, as the company’s liquidator at agreed remuneration. This move signals a major shift, potentially winding down the company’s operations, which is crucial for shareholders and creditors to monitor closely.
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