Please find attached Proceedings of the 01/2026-27 Extra-Ordinary General Meeting of the Company held on Friday, May 22, 2026 under Regulation 30 of the SEBI (Listing Obligations and Disclosure ....
SADHNANIQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sadhana Nitro Chem Ltd held its EGM on May 22, 2026 via video conferencing with 4 items of special business taken up. Key resolutions included: (1) Increase in Authorised Share Capital with consequent alteration to Memorandum of Association (Ordinary Resolution); (2) Appointment of Mrs. Sindhu Suneer Kotian as Non-Executive Independent Director (Special Resolution); (3) Continuation of Mr. Asit D. Javeri as Executive Director beyond age 70 years (Special Resolution); and (4) Issuance of equity shares to private investors via preferential allotment under SEBI (ICDR) Regulations, 2018 (Special Resolution). E-voting was conducted through NSDL platform from May 19-21, 2026. The meeting concluded at 14:35 IST with voting results to be uploaded within 2 working days.
The preferential allotment and increase in authorised capital may lead to equity dilution for existing shareholders. The appointment of a new independent director strengthens board composition, while the continuation of Executive Chairman Asit Javeri beyond age 70 requires shareholder approval.