Hemadri Cements Ltd — Important, 30-05-2026: Company Update

Hemadri Cements, currently in voluntary liquidation since July 14, 2025, has submitted its annual secretarial compliance report for the past financial year. The report highlights several non-compliance issues. The company failed to dematerialize 100% of promoter and promoter group shareholdings; only 323,533 out of 4,422,793 shares are in demat form. Its website also lacks complete required disclosures. The company incurred penalties from BSE totaling Rs 0.0295 Cr and Rs 0.0106 Cr for governance lapses related to Independent Director strength and Stakeholder Relationship Committee constitution. Management is taking steps to address these compliance gaps, while emphasizing the company's liquidation status.