Sadhana Nitrochem
7.00
+0.04(+0.57%)
Market Cap₹230.59 Cr
PE Ratio-10.89
IndustryChemicals
Company Performance:
1D+0.57%
1M-2.64%
6M-45.40%
1Y-85.06%
5Y-91.62%
View Company Insightsright
More news about Sadhana Nitrochem
01Oct 25
Sadhana Nitro Chem Shareholders Reject Final Dividend Proposal at 52nd AGM
Sadhana Nitrochem held its 52nd Annual General Meeting on September 29, 2025, via video conferencing. Shareholders approved seven out of eight resolutions but notably rejected the proposal for a final dividend of 10% (Rs. 0.10 per equity share) for the financial year ended March 31, 2025. The dividend resolution faced 98.63% votes against it. Approved resolutions included adoption of financial statements, re-appointment of Mr. Asit D. Javeri as director, ratification of auditor remuneration, increase in authorized share capital, and enhancement of borrowing limits. The meeting saw a 26.46% voter turnout, with 93.92% participation from the Promoter and Promoter Group.
18Aug 25
Sadhana Nitro Chem Promoters Secure Court Injunction Against Share Sales by Broking Firms
Sadhana Nitrochem's promoters obtained a Bombay High Court injunction against three broking firms, halting further sales of pledged company shares. The promoters have filed a lawsuit seeking damages for alleged illegal invocation and sale of shares. Sadhana Nitrochem is listed as a defendant and is seeking independent legal advice to protect shareholder interests. The company's Managing Director, Abhishek A. Javeri, has committed to disclosing any material developments as per regulations.
14Aug 25
Catalyst Trusteeship Reduces Stake in Sadhana Nitrochem Through Sale of Invoked Shares
Catalyst Trusteeship, acting as Security Trustee for lenders, sold 72,46,119 invoked equity shares of Sadhana Nitrochem Limited on August 11, 2025. This reduced Catalyst's holding from 8.22% to 6.02% of the total share capital, a 2.20 percentage point decrease. The transaction was disclosed in compliance with SEBI regulations. Sadhana Nitrochem also announced recent management changes, including the resignation of CFO Rakesh Raichand Kothari and appointments of Vimal Jain as President and Jayesh Shah as Vice President of Operations and Finance.
11Aug 25
Catalyst Trusteeship Invokes 8.23% Stake in Sadhana Nitrochem Through Pledged Shares
Catalyst Trusteeship Limited has invoked 2.71 crore equity shares (8.23%) of Sadhana Nitrochem Limited on August 7, 2025. The shares were previously pledged by Manekchand Panachand Trading Investment Co Pvt Ltd. Catalyst Trusteeship acted as Security Trustee for a lender. The invocation was disclosed on August 11, 2025, in compliance with SEBI regulations. Sadhana Nitrochem's total paid-up equity share capital remains unchanged at 32.94 crore shares of INR 1 each.
05May 25
Sadhana Nitro Chem Reports Impressive Q4 Profit Growth Despite Revenue Dip
Sadhana Nitro Chem Ltd. reported a significant increase in Q4 consolidated net profit to ₹41.00 crore, up from ₹5.00 crore year-over-year, despite a 23.30% decrease in revenue to ₹494.70 crore. The company's operating profit margin improved to 26.68% from 14.42% in the same quarter last year. For FY2024-25, annual revenue rose 33.70% to ₹1,940.00 crore, with net profit increasing 28.12% to ₹41.00 crore. The results indicate enhanced operational efficiency and cost management, offsetting revenue challenges.
02May 25
Sadhana Nitro Chem Reports Strong Q4 Performance with Significant Profit Growth
Sadhana Nitro Chem Limited announced impressive Q4 results with net profit soaring 720% YoY to ₹41.00 crore, despite a 23.3% revenue decline to ₹494.70 crore. EBITDA grew 42.4% to ₹132.30 crore, with margins improving to 26.74%. The board recommended a 10% dividend and made key auditor appointments. The company's Rights Issue proceeds of ₹20.39 crore are being utilized as planned.
Sadhana Nitrochem
7.00
+0.04
(+0.57%)
1 Year Returns:-85.06%
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