Sadhana Nitro Chem discloses promoter encumbrance status as of March 31, 2026

1 min read Updated on 12 Jun 2026, 05:24 AM

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Anirudha BScanX News Team

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Sadhana Nitro Chem Limited disclosed the encumbrance status of shares held by its promoters and Persons Acting in Concert (PAC) as of March 31, 2026. The filing confirms no new encumbrances were created during the financial year. Promoters and the PAC collectively hold 65.85% of the total equity share capital.

*this image is generated using AI for illustrative purposes only.

Sadhana Nitro Chem Limited disclosed the status of encumbered shares held by its promoters and Persons Acting in Concert (PAC) as of March 31, 2026. The declaration confirms that the promoters have not created any new encumbrances on shares during the financial year other than those already disclosed to the exchanges. Promoters and the PAC collectively hold 65.85% of the total equity share capital in the company.

The disclosure was submitted by Asit D. Javeri on behalf of all promoters and the PAC in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The filing details the specific number of shares pledged by individual promoter group members relative to the company's total equity.

Asit Dhankumar Javeri, a promoter, has encumbered 2,20,00,000 shares, representing 0.74% of the total equity share capital. Abhishek Asit Javeri from the promoter group has encumbered 4,46,00,000 shares, accounting for 1.50% of the total equity. Rahat Sandeep Shah, also part of the promoter group, has encumbered 20,000 shares, which constitutes 0.00% of the total equity.

The total shareholding of the promoter and promoter group stands at 1,95,21,31,701 shares. This includes significant holdings by Asit Dhankumar Javeri with 85,94,20,870 shares (28.99%) and Abhishek Asit Javeri with 82,07,26,377 shares (27.68%).

The following table outlines the shareholding details of the promoters and PAC as of March 31, 2026:

Name	Promoter & Promoter Group	No. of Shares	%
Asit Dhankumar Javeri	Promoter	85,94,20,870	28.99
Abhishek Asit Javeri	Promoter Group	82,07,26,377	27.68
Manekchand Panachand Trading Investment Co. Pvt. Ltd.	Promoter	5,94,73,013	2.01
Chandrika Dhankumar Javeri	Promoter Group	1,94,63,676	0.66
Sadhana Rajiv Jain	Promoter Group	1,94,63,676	0.66
Anuradha Merchant	Promoter Group	1,23,73,701	0.42
Seema Asit Javeri	Promoter Group	1,22,20,304	0.41
Rahat Sandeep Shah	Promoter Group	22,42,232	0.08
Amita Vijayraj Parekh	Promoter Group	2,22,822	0.01
Molina Dhankumar Javeri	Promoter Group	25,666	0.00
Hg Partners LLP	Promoter	500	0.00
Total		1,95,21,31,701	65.85

Historical Stock Returns for Sadhana Nitrochem

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.79%	-5.81%	-13.69%	+36.75%	-87.01%	-89.92%

What are the potential implications of the high promoter pledge ratio on the company's future stock volatility?

Could the current level of encumbered shares restrict the promoters' ability to raise further capital for expansion?

How might the market react if the promoters decide to release these encumbered shares in the next financial year?

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Sadhana Nitro Chem fixes floor price at ₹2.05 for preferential issue

1 min read Updated on 02 Jun 2026, 05:44 AM

Reviewed by

Jubin VScanX News Team

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Sadhana Nitro Chem Limited established a floor price of ₹2.05 per equity share for the preferential allotment of 6,75,00,000 shares. The final allotment price is set at ₹2.06 per share, based on the higher of the 90-day and 10-day VWAPs.

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Sadhana Nitro Chem Limited has fixed a floor price of ₹2.05 per equity share for the preferential allotment of 6,75,00,000 equity shares. The company will issue these shares at a price of ₹2.06 per equity share, which is higher than the determined floor price. This pricing structure was finalized in consultation with the National Stock Exchange of India Limited and intimated to the exchanges on June 01, 2026.

The floor price was calculated in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The valuation is based on the volume weighted average price (VWAP) of the company's equity shares over the 90 trading days and the 10 trading days preceding the relevant date.

The pricing formula prescribed under the regulations requires the floor price to be the higher of the two VWAP calculations. The 90-day VWAP was determined at ₹2.05 per equity share, while the 10-day VWAP stood at ₹2.03 per equity share. Consequently, the floor price was fixed at ₹2.05 per equity share.