Submission of voting results along with the Scrutinizer Report for the 01/2026-27 Extra Ordinary General Meeting under Regulation 44 of the SEBI (LODR) Regulations, 2015
SADHNANIQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sadhana Nitro Chem Limited held an Extra-Ordinary General Meeting on May 22, 2026, where shareholders voted on four resolutions. All four resolutions were passed. Resolution 1 (ordinary) sought increase in authorised share capital and was approved with 99.73% votes in favour. Resolution 2 (special) approved appointment of Mrs. Sindhu Suneer Kotian as Non-Executive Independent Director with 99.73% support. Resolution 3 (special) approved continuation of Mr. Asit Dhankumar Javeri as Executive Director beyond age 70 years with 88.69% votes in favour; note that promoters were interested in this resolution so only non-interested votes were counted. Resolution 4 (special) approved issuance of equity shares to private investors via preferential allotment under SEBI ICDR regulations with 99.78% support. Total voter turnout was 62.63%, with promoters voting 100% in favour on all non-conflicted resolutions.
All resolutions passed successfully, indicating shareholder confidence. The preferential allotment will dilute existing shareholding but may bring fresh capital. The appointment of an independent director and continuation of executive leadership provide stability. Minor opposition (about 10%) on Resolutions 2 and 3 from public shareholders is notable but did not affect outcomes.