Sadhana nitrochem has issued the notice for its 01/2026-27 Extraordinary General Meeting scheduled to be held on May 22, 2026, at 2:00 PM IST through video conferencing. The meeting seeks shareholder approval on four key resolutions including capital structure changes, director appointments, and fund raising through preferential allotment.

Special Business Resolutions

The EGM will consider four special business items. The first resolution seeks approval to increase the authorized share capital from Rs. 300,00,00,000 to Rs. 305,00,00,000 divided into 305,00,00,000 equity shares of Rs. 1 each, requiring consequent alteration of the Memorandum of Association.

The second resolution proposes the appointment of Mrs. Sindhu Suneer Kotian (DIN: 08918862) as Non-Executive Independent Director for a term of five years from March 07, 2026 to March 06, 2031. She will be entitled to applicable sitting fees and shall not be liable to retire by rotation.

The third resolution seeks approval for the continuation of Mr. Asit Dhankumar Javeri (DIN: 00268114) as Executive Director beyond the age of 70 years. He will attain the age of 70 on June 25, 2026, and his tenure is proposed to continue until April 30, 2027.

Preferential Allotment Details

The fourth resolution proposes the issuance of 6,75,00,000 fully paid-up equity shares of face value Re. 1 at an issue price of Rs. 2.06 per share, aggregating to Rs. 13,90,50,000 through preferential allotment. The proceeds will be utilized for working capital requirements and expenses related to the issue.

Shareholding Pattern Changes

Post-allotment, Niraj Bajaj's shareholding will increase from 14,50,00,000 shares (4.98%) to 20,00,00,000 shares (6.60%), while Poorvi Milan Chitalia will acquire 1,50,00,000 shares representing 0.49% of the company's equity. The preferential allotment will not result in any change in control of the company.

EGM and Voting Details

The cut-off date for determining members eligible for remote e-voting is Friday, May 15, 2026. Remote e-voting will be available from Tuesday, May 19, 2026 (9:00 AM IST) to Thursday, May 21, 2026 (5:00 PM IST). NSDL has been engaged to provide e-voting and video conferencing facilities for the EGM. The notice has been sent only through electronic mode to members whose email addresses are registered with the company or depositories.

Sadhana nitrochem has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026, in accordance with SEBI (Depositories and Participants) Regulations, 2018. The certificate confirms the company's adherence to dematerialization procedures and regulatory timelines.

Regulatory Compliance Certificate

The company submitted the mandatory certificate under Regulation 74(5) to both BSE Limited and National Stock Exchange of India Limited on April 10, 2026. Company Secretary Nitin Rameshchandra Jani signed the compliance document, confirming that all securities received for dematerialization during Q4 FY26 were properly processed.

The certificate validates two key compliance aspects:

• All securities in the certificates have been listed on stock exchanges
• Physical certificates were duly verified, mutilated, and cancelled with depository names substituted as registered owners

Dematerialization Activity Summary

MUFG Intime India Private Limited, serving as the registrar and transfer agent, provided detailed dematerialization statistics for the quarter. The company processed multiple categories of requests with varying timelines.

Processing Timeline Performance

The dematerialization requests were processed efficiently within regulatory guidelines. All confirmed requests were completed within the prescribed 21-day timeframe, demonstrating strong operational compliance.

Share Capital Position

As of March 31, 2026, the company's share capital structure reflected significant dematerialization activity during the quarter.

The quarterly filing demonstrates Sadhana Nitro Chem's commitment to regulatory compliance and efficient processing of shareholder dematerialization requests. The company maintained zero pending requests beyond the regulatory timeframe, indicating robust operational procedures in coordination with its registrar and transfer agent.