Promoter group buys 26.65% of Sadhana Nitrochem in off-market transfer

Strategic Transactions View source PDF Explain this filing

SADHNANIQ · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-5.0%Reaction day

₹7.38

prior close

₹7.30

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%-4.8% vs market

On the reaction day the stock moved 4.8 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.2

10m

-1.0

15m

-2.7

30m

-4.0

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

-5.0-0.2-4.8

Next day

-0.3-0.5+0.3

+4.5+0.5+4.0

-0.9-0.2-0.7

-6.0-1.9-4.0

-3.9-1.5-2.4

-2.7-2.2-0.5

15d

-12.2-3.6-8.6

-9.2-3.5-5.7

-5.0-7.0+2.0

-17.9-11.1-6.8

UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Promoter-group members Asit Dhankumar Javeri and Abhishek Asit Javeri plan to buy 87,77,000 shares, equal to 26.6469% of Sadhana Nitrochem, from Manekchand Panachand Trading Investment at Rs 6.17 per share on 31 October 2025. The combined promoter-group holding will not change, so no public offer for other shareholders is required. The stated purpose is a tax-efficient holding structure.

Likely market impact

No change in promoter-group ownership or control, and no public offer is required. This is mainly a tax-motivated reshuffling of promoter holdings.