ALPHA TRIBE

Hemadri Cements LtdBoard Meeting, 18-06-2025: Board Meeting

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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