Sadhana Nitrochem Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on May 22, 2026. Further, the company has informed the Exchange regarding voting results.
SADHNANIQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sadhana Nitrochem Limited held an Extra-Ordinary General Meeting on May 22, 2026, where shareholders voted on 4 resolutions. All resolutions were passed: (1) Increase in Authorised Share Capital with 99.73% shareholder approval; (2) Appointment of Mrs. Sindhu Suneer Kotian as Non-Executive Independent Director with 99.73% approval; (3) Continuation of Mr. Asit Dhankumar Javeri as Executive Director beyond age 70 years with 88.69% approval (promoters excluded due to interest); (4) Issuance of equity shares via preferential allotment to private investors with 99.78% approval. The EGM was conducted via video conferencing with 42 shareholders participating. Voting was conducted electronically through NSDL platform.
All resolutions passed successfully. The preferential allotment for private investors will result in equity dilution for existing shareholders. The increase in authorised capital signals potential future fund-raising or expansion plans. The appointment of a new independent director strengthens board governance.