Sadhana Nitrochem clarifies Q1 FY26 results filing issues with NSE
SADHNANIQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sadhana Nitrochem responded to NSE's clarification queries on Q1 FY26 financial results filed under Regulation 33. The exchange flagged XBRL discrepancies and missing legible copy; the company asked for specifics on the discrepancies and re-submitted the legible copy. Key Q1 highlights from the attached results: standalone revenue Rs 2,810 lakh, net loss Rs 170 lakh versus a small profit last year. During the quarter, executive directors waived 55 percent of their pay (Rs 69 lakh), the company sold its subsidiary Calchem Industries to a related party for Rs 13 crore, CFO Rakesh Kothari resigned, and Rs 22.17 crore of the Rs 49.91 crore rights issue has been used for land acquisition with no deviation reported.
Routine regulatory clarification with no penalty. Underlying results turned to a net loss and the company divested its subsidiary during the quarter.