44th Annual Report of Hemadri Cements Limited (In Voluntary Liquidation)

G&S HEMADRI CEMENTS LIMITED aN (In Voluntary Liquidation w.ef. 14.07.2025) Liquidator Office Address : S. Rajendran, 2nd Floor, Hari Krupa, 71/1, McNicholas Road (Off. Poonamalle High Road), Chetpet, Chennai - 600 031. Phone : 044 - 2836 1636 E-Mail :- viphemadricements@gmail.com CIN : L26942AP1981PLC002995 website :- www.hemadricements.com September 04, 2026 BSE Limited Phiroze JeeJeebhoy Towers, Dalal Street, Mumbai - 400 001. Dear Sir / Madam, Scrip code: 502133; ISIN: INEO7BK01011 Sub: Annual Report for the Financial Year 2025-26 and Notice convening the 44% Annual General Meeting (AGM) of the Company Pursuant to Regulation 34 of the SEBI (LODR) Regulations, 2015, we submit herewith the Annual Report of the Company for the Financial Year 2025-26 containing inter-alia Notice | convening the 44" AGM of the Company scheduled to be held on Tuesday, the 29" day of September 2026 at 11.00 A.M, through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Annual Report containing the AGM Notice is also uploaded on the Company's website https://hemadricements.com/annual_reports This is for your kind information and records. Thanking You, Yours faithfully, For Hemadri Cements Limited (In Voluntary Liquidation) Sivasamy Raju Director Regd. Office & Factory : Vedadri Village - 521 457. Jaggalahpet Mandal, Krishna Dist, A.P (India) HEMADRI CEMENTS LIMITED (In Voluntary Liquidation) 44 Annual Report 2025-2026 Hemadri Cements Limited (In Voluntary Liquidation) Five Years Financial Highlights (Rs. in Lakhs) Parameters/Year 2025-26 2024-25 2023-24 2022-23 2021-22 Operating Results Net Sales 0 794.62 5585.93 6837.24 8246.15 Profit Before Tax (126.67) (2121.71) (1281.49) (2046.32) 42.97 Profit After Tax (126.67) (2705.91) (1093.17) (1529.22) 42.50 Net Cash Accrual 241.13 151.09 34.90 28.09 583.88 Dividend [incl. Div. Tax] Nil Nil Nil Nil Nil Sources & Application of Funds Source of Funds Equity Share Capital 667.00 667.00 667.00 667.00 667.00 Reserves & Surplus 2154.93 (1047.42) 1635.78 2755.08 4288.12 Profit and Loss Account (508.42) (2683.20) (1119.30) (1533.05) 46.94 Net Worth 2821.93 (380.42) 2,302.78 3,422.08 4,955.12 Loan Funds 0 2012.02 159.74 160.99 478.14 Deferred Tax Liability [Net] Nil Nil Nil Nil 142.29 Application of Funds Fixed Assets: Net [Incl. WIP] 0 1090.42 1249.38 1417.37 1559.05 Investments Nil Nil 60.00 60.00 60.00 Net Current Assets 1439.56 324.79 350.21 748.51 1974.19 Total 1439.56 1415.31 1659.59 2225.88 3593.24 RATIOS PBT to Sales (%) 0 (-267) (-23) (-30) 0.521 PAT to Sales (%) 0 (-340.52) (-19.5) (-22.37) 0.515 Earnings per share (7.62) (40.57) (16.39) (22.93) 0.70 BOARD OF DIRECTORS Mr. Sivasamy Raju Non-Executive Independent Director Mr. Sundar Venkataraman Non-Executive Independent Director Mr. Ramachandran Harikrishna Non-Executive Non-Independent Director Ms. Nandini Swaminathan Non-Executive Non-Independent Director AUDIT COMMITTEE (re-constituted w.e.f 24th April, 2025) Mr. Sivasamy Raju Mr. Sundar Venkataraman Mr. Ramachandran Harikrishna NOMINATION AND REMUNERATION COMMITTEE (re-constituted w.e.f 24th April, 2025) Mr. Sundar Venkataraman Mr. Sivasamy Raju Mr. Ramachandran Harikrishna STAKEHOLDERS RELATIONSHIP COMMITTEE (re-constituted w.e.f 24th April, 2025) Mr. Sundar Venkataraman Mr. Sivasamy Raju Mr. Ramachandran Harikrishna CORPORATE SOCIAL RESPONSIBILITY COMMITTEE ( re-constituted w.e.f 24th April, 2025) Mr. Sivasamy Raju Mr. Sundar Venkataraman Mr. Ramachandran Harikrishna AUDITOR M/s. SBSB and Assocites, Old No. H-43/1, New No.13, 5thStreet, H Block, Anna Nagar East, Chennai-600102 E Mail: sbsbca@gmail.com BANKER Axis Bank Limited REGISTRAR AND SHARE TRANSFER AGENT CAMEO CORPORATE SERVICES LIMITED 1Subramanian Building #1, Club House Road Chennai - 600 002 Phone: 044 - 2846 0390 044 - 4002 0700 www.cameoindia.com For Investor Grievances: www.wisdom.cameoindia.com ADMINISTRATIVE OFFICE No.3, Veerasamy Street, West Mambalam, Chennai-600 033. Contact No: 044 – 43907067 REGD. OFFICE & FACTORY Contents Page No. Notice to the Share Holders 5 Vedadri Village, Jaggayyapet Mandal Krishna District, Directors’ & Other Reports to 23 Andhra Pradesh- 521457. the Share Holders Phone: 8754388822 Independent Auditor’s Report 60 Balance Sheet 73 Statement of Profit and Loss 74 Cash Flow Statement 75 Notes to Financial Statements 77 HEMADRI CEMENTS LIMITED (In Voluntary Liquidation) Notice to the Members Notice is hereby given that the 44th Annual General Meeting (AGM) of the Members of M/s. Hemadri Cements Limited (In Voluntary Liquidation) will be held on Tuesday, the 29th day of September 2026 at 11.00 A.M, through Video Conferencing (VC) or Other Audio Visual Means (OAVM) to transact the following business: ORDINARY BUSINESS 1. Adoption of Financial Statements. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March 2026, the Report of the Auditors and the Board of Directors thereon. 2. To appoint a Director in the place of Mrs. Swaminathan Nandhini (DIN: 09746701) who retires by rotation and being eligible, offers herself for reappointment. SPECIAL BUSINESS 3. Appointment of Mr. Sivasamy Raju (DIN: 06961330) as an Independent Director for a second period of five (5) years To consider and if thought fit, to pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 149, 150, 152 and other applicable provisions, if any, of the Companies Act, 2013 (“the Act”) read with Schedule IV thereto and the Companies (Appointment and Qualification of Directors) Rules, 2014, Regulation 25 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) (including any statutory modification(s) or re-enactment thereof for the time being in force), and based on the recommendation of the Nomination & Remuneration Committee and approval of the Board of Directors by circular resolution, the consent of the members of the Company be and is hereby accorded for the reappointment of Mr. Sivasamy Raju (DIN: 06961330) as a Non-Executive Independent Director of the Company, for a second term of five (5) years with effect from 31st March 2026, not liable to retire by rotation. 4. To consider and approve the request for increase in Liquidator’s fee from 2nd year of Voluntary Liquidation Process “RESOLVED THAT pursuant to the applicable provisions of the Insolvency and Bankruptcy Code, 2016, read with the Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) Regulations, 2017, and the provisions of the Companies Act, 2013 and other applicable laws, in continuation of the resolution passed by the Members of the Company in the 43rd Annual General Meeting, approving the appointment and remuneration of Mr. Rajendran Shanmugam, Insolvency Professional having Registration No. IBBI/IPA-002/IP-N00098/2017-2018/10241, as Liquidator of Hemadri Cements Limited, and pursuant to the commencement of Voluntary Liquidation Process of Hemadri Cements Limited with effect from 14th July 2025, the consent of the Members be and is hereby accorded to for revising the remuneration of the Liquidator from Rs.50,000/- per month to Rs.1,00,000/- per month, exclusive of GST and out of pocket expenses, with effect from 14th July 2026, in view of the unforeseen legal disputes/issues in relation to the realisation of assets. RESOLVED FURTHER THAT the consent of the Members be and is hereby accorded with such increase/revision of the remuneration payable to the Liquidator.” By Order of the Board For Hemadri Cements Limited (In Voluntary Liquidation) sd/- Ramachandran Harikrishna Director Place: Chennai Date: 13.08.2026 NOTES: 1. In accordance with the Secretarial Standard - 2 on General Meetings issued by the Institute of Company Secretaries of India (“ICSI”) read with Clarification / Guidance on applicability of Secretarial Standards - 1 and 2 dated 15th April, 2020 issued by the ICSI, th [Showing first 8,000 characters — download PDF for full document]