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.

Sadhana Nitro Chem Limited has disclosed a significant reduction in promoter shareholding following an open market transaction by promoter Abhishek Asit Javeri. The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, dated March 30, 2026.

Transaction Details

Abhishek Asit Javeri, a promoter of the specialty chemicals company, sold 73,800,000 shares through open market transactions on March 27, 2026. The sale represents 2.49% of the company's total share capital and voting rights.

Shareholding Changes

The transaction resulted in a notable change in the promoter's stake in Sadhana Nitro Chem Limited. Javeri's shareholding decreased from over 30% to below 28% following the sale.

Company Information

Sadhana Nitro Chem Limited is listed on both major Indian stock exchanges. The company's equity share capital remained unchanged at Rs. 296,46,94,385 before and after the transaction.

Stock Exchange Listings:

• BSE Limited (Scrip Code: 506642)
• National Stock Exchange of India Limited (Symbol: SADHNANIQ)

Regulatory Compliance

The disclosure was made in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. The transaction crossed the threshold requiring mandatory disclosure under Regulation 29(2), which mandates disclosure when there is a change of 2% or more in shareholding by promoters or persons acting in concert.

The formal disclosure document was digitally signed by Abhishek A. Javeri and submitted to both stock exchanges on March 30, 2026, maintaining transparency in shareholding changes for investor information.