Sadhana Nitrochem Limited has successfully completed its postal ballot process and announced the voting results for the appointment of Mr. Tej Mayur Contractor as Non-Executive Independent Director. The company submitted the voting results along with the scrutinizer's report to stock exchanges on January 16, 2026, showing overwhelming shareholder support for the proposal.

Postal Ballot Process Overview

The postal ballot process was conducted exclusively through electronic mode for shareholders whose email addresses were registered with the company or depositories. National Securities Depository Limited (NSDL) provided the remote e-voting facilities for the entire voting process.

Voting Results and Approval

The special resolution received strong shareholder support with 99.91% votes cast in favor of the appointment. The voting participation reached 30.79% of the total outstanding shares, demonstrating significant shareholder engagement in the corporate governance process.

Director Appointment Details

The approved appointment covers Mr. Tej Mayur Contractor (DIN: 00454197) as Non-Executive Independent Director for a five-year term from October 18, 2025 to October 17, 2030. The appointment was initially approved by the board through circular resolution on October 18, 2025, as an Additional Director.

Scrutinizer Report

CS Hetal Doshi (Certificate of Practice No. 9510) served as the appointed scrutinizer for conducting the postal ballot through remote e-voting process. The scrutinizer confirmed that the resolution was passed with the requisite majority and submitted the comprehensive report to Chairman Asit D. Javeri. The scrutinizer noted that there were no invalid votes cast and voting rights were considered proportionate to shares held as on the cut-off date.

Sadhana Nitrochem Limited, a key player in the chemical industry, has announced a significant addition to its senior management team. The company has appointed Mr. Rony Mukesh Shah as Compliance Officer and Senior Management Personnel in the Secretarial Team, effective December 01, 2025.

Key Appointment Details

Mr. Shah brings over 11 years of experience as a Company Secretary to his new role, enhancing the company's compliance and secretarial functions. His appointment is expected to strengthen Sadhana Nitrochem's corporate governance framework.

Continuity in Leadership

While welcoming the new addition, Sadhana Nitrochem has also confirmed that Mr. Nitin R. Jani will continue in his current roles:

This dual leadership in the secretarial and compliance domains suggests Sadhana Nitrochem's commitment to maintaining robust corporate governance practices.

Implications for Sadhana Nitrochem

The appointment of Mr. Shah alongside the retention of Mr. Jani indicates Sadhana Nitrochem's focus on:

1. Strengthening its compliance framework
2. Enhancing the expertise within its secretarial team
3. Ensuring continuity in key governance roles

This strategic move may be seen as a positive step towards improving the company's corporate structure and potentially its market perception.

Investors and stakeholders of Sadhana Nitrochem Limited may view this development as an indication of the company's commitment to maintaining high standards of corporate governance and regulatory compliance.

As the chemical industry faces increasing regulatory scrutiny, having experienced professionals in compliance and secretarial roles could prove beneficial for Sadhana Nitrochem's long-term operational efficiency and stakeholder relations.