Hemadri Cements Ltd. Announces Key Developments

In a series of recent announcements, Hemadri Cements Ltd., a prominent player in the cement manufacturing industry, has made significant strides in its corporate governance and financial reporting. These developments, disclosed on May 3, 2025, reflect the company’s ongoing commitment to transparency and strategic growth.

Appointment of New Director

In a notable move, Hemadri Cements Ltd. has appointed Ms. Swaminathan Nandhini as an Additional Director in the capacity of Non-Executive Non-Independent Women Director. This appointment, effective from May 3, 2025, follows the recommendation of the Nomination and Remuneration Committee and awaits shareholder approval at the forthcoming 43rd Annual General Meeting. Ms. Nandhini’s inclusion in the board is a strategic step towards enhancing diversity and bringing fresh perspectives to the company’s leadership.

Financial Results and Audits

The company has also disclosed its audited financial results for the quarter and year ended March 31, 2025. The Board of Directors, during their meeting on May 3, 2025, approved these results, which adhere to Indian Accounting Standards (INDAS). The financial statements received an unmodified opinion from the statutory auditors, underscoring the company’s robust financial health and compliance with regulatory standards.

Integrated Financials Filing

Further emphasizing its commitment to regulatory compliance, Hemadri Cements Ltd. has submitted its integrated financials filing for the quarter and financial year ended March 31, 2025. This filing, in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 and BSE Circular No. 20250102-4, was completed during the Board meeting held on the same day.

Market Performance

As of May 1, 2025, Hemadri Cements Ltd. closed at INR 70.38 on the Bombay Stock Exchange. The company’s market capitalization stands at approximately INR 454,026,897. Over the past year, the stock has seen fluctuations, with a 52-week high of INR 112.3 on May 5, 2024, and a low of INR 60.1 on March 17, 2025.

These developments mark a pivotal moment for Hemadri Cements Ltd. as it continues to navigate the competitive landscape of the cement industry while maintaining a focus on governance and financial integrity.