Sadhana Nitro Chem Ltd

Sadhana Nitro Chem Annual General Meeting

Sadhana Nitro Chem Limited convened an EGM for May 22, 2026, to approve a ₹13.91 Crore preferential equity allotment to private investors. The agenda also includes increasing authorized share capital to ₹305 Crore, appointing a new Independent Director, and extending the tenure of the Executive Director.

Value

₹13.91 Cr

Sadhana Nitro Chem Fund Raise of ₹13.91 Cr

Sadhana Nitrochem Limited has approved a preferential issue of 6.75 crore equity shares to raise ₹13.91 Crore. The issue price is ₹2 per share, with investments from Niraj Bajaj and Poorvi Milan Chitalia. This capital infusion will increase the company's paid-up share capital to ₹303.22 Crore.

Value

₹13.91 Cr

Sadhana Nitro Chem Board Meeting Outcome

Sadhana Nitro Chem Ltd's board approved raising ₹13.91 Crore through a preferential allotment of 6.75 crore shares at ₹2.06 each. The board also proposed increasing the authorized share capital to ₹305 Crore and scheduled an Extraordinary General Meeting for May 22, 2026.

Value

₹13.91 Cr

Sadhana Nitro Chem Board Meeting Outcome

Sadhana Nitrochem Limited has scheduled a board meeting for April 29, 2026. The board will consider increasing the company's authorised capital and raising funds through a preferential issue. The trading window remains closed until June 1, 2026.

Sadhana Nitro Chem Board Meeting Outcome

Sadhana Nitro Chem Ltd has scheduled a Board Meeting for April 29, 2026. The board will consider raising funds through a preferential issue, increasing authorized share capital, and director appointments. This meeting is a key event for investors to track future capital structure and governance changes.