Hemadri Cements to hold Contributories Meeting on April 24, 2026
Hemadri Cements Ltd, currently undergoing voluntary liquidation since July 14, 2025, has scheduled a meeting of its contributories for April 24, 2026, at 11:30 A.M. via Video Conference. This meeting is a regulatory requirement under Reg. 37(2)(a)(i) of the IBBI (Voluntary Liquidation Process) Regulations, 2017, as the liquidation process has continued for more than 270 days, completing on April 9, 2026. The Liquidator, Mr. S. Rajendran, will present a comprehensive status report on the liquidation process, covering key aspects such as the settlement of stakeholders, details of any remaining unsold assets and their realization, distributions made to stakeholders, developments in material litigation, and the reasons for not completing the process within the stipulated timeframe, along with the additional time required.
Key Highlights
- Hemadri Cements schedules Contributories Meeting for April 24, 2026.
- Meeting required as voluntary liquidation process exceeds 270 days.
- Liquidator to provide status report on liquidation progress.
- Report will detail asset realization, distributions, and delays.
- Company entered voluntary liquidation on July 14, 2025.
Price Impact
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