Sadhana Nitrochem Limited has informed the Exchange about Copy of Newspaper Publication
SADHNANIQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Sadhana Nitrochem Limited has informed the exchanges about newspaper advertisements published on February 24, 2026 regarding its proposed Rights Issue. The ads appeared in Financial Express (English), Jansatta (Hindi), and Mumbai Lakshadeep (Marathi). The company is issuing 26,35,28,456 fully paid-up equity shares at ₹1 each (no share premium) in the ratio of 8 rights shares for every 1 existing share held, with a record date of February 19, 2026. The total issue size is ₹26,352.88 lakhs. The Letter of Offer was dispatched on February 23, 2026, and the last date for application is March 10, 2026.
This is a regulatory disclosure informing the exchanges that newspaper ads for the rights issue have been published. The massive 8:1 rights ratio and large issue size (₹263+ crore) will significantly dilute existing shareholders if they don't participate, though the low price (₹1 face value with no premium) makes subscription relatively inexpensive on a per-share basis.