Announced Tue, 11 Aug · 17:20 IST
Niraj Bajaj acquires 1.73% stake in Sadhana Nitrochem via preferential allotment
SADHNANIQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹3.32
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-3.6-5.4-6.9-8.7-10.5-10.5-18.4-15.7——
Up moveDown movePending
AI summary
Niraj Bajaj (non-promoter) acquired 5,25,00,000 equity shares (1.73%) of Sadhana Nitrochem Ltd via preferential allotment on 7th August 2026. His stake rose from 4.98% to 6.60% (14.75 crore to 20 crore shares). The company's total equity share capital increased from 296.47 crore to 303.22 crore shares.
Likely market impact
Non-promoter stake increase via preferential allotment; dilutes existing shareholders but signals confidence from the acquirer in the company.