Hemadri Cements Ltd — Board Meeting, 13-08-2025: Board Meeting

Hemadri Cements' Board of Directors has approved the financial results for the quarter, reporting zero revenue and a loss of 0.1559 Cr. The company is in voluntary liquidation, a decision made due to business non-viability and continuous operational losses since FY22-23, leading to the halt of manufacturing operations in August 2024. This was approved by shareholders. A liquidator is appointed, and asset valuation is underway. Management is confident that realizable asset value will exceed liabilities, preparing accounts on a going concern basis, which is key for investors.