Sadhana Nitro Chem Limited has notified BSE Limited and National Stock Exchange of India Limited of the publication of newspaper advertisements for its 01/2026-27 Extra-Ordinary General Meeting (EGM). The intimation, dated May 04, 2026, was filed pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The EGM notice was published in the Financial Express (English Edition) and Mumbai Lakshdeep Newspaper (Marathi Edition).

EGM Schedule and Meeting Details

The Extra-Ordinary General Meeting of the members of Sadhana Nitro Chem is scheduled to be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The key details of the meeting are presented below:

Remote E-Voting Information

Members of the company holding shares in physical or dematerialised form are eligible to participate in remote e-voting through the NSDL platform. The e-voting schedule and key dates are outlined below:

Members who cast their votes through remote e-voting will be eligible to attend the EGM but will not be permitted to vote again at the meeting. Only members present at the EGM through VC/OAVM who have not exercised their remote e-voting option will be eligible to vote during the meeting itself.

Filing Details

The intimation was submitted by Nitin Rameshchandra Jani, Company Secretary, Membership No.: A4757, on behalf of Sadhana Nitro Chem Limited. The filing was dated May 04, 2026, and copies of the newspaper advertisements were enclosed with the submission for reference and records. The EGM notice is also available on the company's website at www.sncl.com .

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.