Please find attached clarification letter with respect to your email dated 5th May, 2026 regarding dividend record date of 22.09.2025.
SADHNANIQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sadhana Nitro Chem Ltd has clarified to BSE that shareholders rejected the board-recommended dividend proposal in the AGM held on September 29, 2025. The voting results showed shareholders voted against Agenda No. 2, which was the dividend recommendation. As a consequence, the earlier announced record date of September 22, 2025 was cancelled. The company had already submitted the voting results and scrutinizer report to the stock exchanges as required.
Shareholders expecting a dividend from Sadhana Nitro Chem received no payout for this period. This signals strong shareholder dissent against the proposed dividend, which could reflect concerns about the company's financial position or capital allocation strategy.