Hemadri Cements Ltd — Important, 04-02-2026: Company Update

Hemadri Cements, currently undergoing voluntary liquidation, announced a key step in its asset realization. The company successfully concluded an e-auction for its properties, with a successful bidder identified. A letter of intent has been issued, paving the way for the payment of the balance sale consideration. This development is crucial for progressing the liquidation process, aiming to convert company assets into cash and settle liabilities.