The Exchange has received the disclosure under Regulation 10(7) in respect of acquisition under Regulation 10(1)(a)(iii)of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, ....
SADHNANIQ · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sadhana Nitro Chem disclosed an inter-se transfer of shares within its promoter group, exempt from open offer requirements under Regulation 10(1)(a)(iii) of the SEBI Takeover Code. Promoter Asit Dhankumar Javeri acquired shares from promoter-group entity Manekchand Panachand Trading Investment Co Pvt Ltd, taking his holding from 1.43% to 14.75%. Promoter-group member Abhishek Asit Javeri also acquired shares across two dates (7 Nov and 14 Nov 2025), lifting his stake from 0.83% to 14.16%. The seller (Manekchand Panachand Trading) dropped from 26.65% to a negligible 0.0003% stake. Shares were transferred at Rs 6.17 per share, well below the 60-trading-day VWAP of Rs 8.69, satisfying the pricing exemption criteria.
Total promoter-group ownership remains unchanged at around 28.9% — this is purely a reshuffling of shares from a corporate promoter entity to two individual promoter family members. No change in ultimate control or public float, so neutral to no material impact on the stock price.