Key Decisions and Approvals

  • The Board meeting was held on August 07, 2026, commencing at 4:00 PM and concluding at 5:30 PM.
  • The Board considered and approved the Unaudited Standalone & Consolidated Financial Results of the Company for the quarter ended June 30, 2026.
  • The Board took on record the Limited Review Report provided by the Statutory Auditors of the Company.
  • The Board considered and approved the allotment of 6,75,00,000 fully paid-up Equity Shares of Face Value of Re. 1/- each at an issue price of Rs. 2.06 per Equity Share (including premium of Rs. 1.06 per equity share) on a preferential basis to eligible equity shareholders.

Capital Structure Impact

The preferential allotment increased the paid-up equity share capital of the Company from Rs. 296,46,94,385 to Rs. 303,21,94,385 through the addition of 6,75,00,000 equity shares. The newly allotted shares will rank pari passu in all respects with existing equity shares.

Financial Results Context

The unaudited standalone financial results for Q1 FY27 (quarter ended June 30, 2026) were prepared in accordance with Indian Accounting Standards (Ind-AS) as specified under Section 133 of the Companies Act, 2013. The company is primarily engaged in manufacturing chemical intermediates, heavy organic chemicals, and performance chemicals, with secondary engagement in wireless network equipment and related software development (contributing less than 10% to combined revenue, profits, and assets).

Auditor Review

Jayesh Dadia & Associates LLP, Chartered Accountants (Firm Registration No. 121142W/W100122), issued unmodified review reports for both standalone and consolidated financial results. The review was conducted in accordance with Standard on Review Engagements (SRE) 2410 issued by ICAI, providing moderate assurance that the financial results are free from material misstatement.

Consolidated Results Composition

The consolidated results include the financials of Sadhana Nitro Chem Limited (Parent Company) and its wholly owned subsidiary Anuchem B.V.B.A, Belgium. For the quarter ended June 30, 2026, the subsidiary reported total revenue of Rs. 561.84 Lakhs and total net loss before tax of Rs. 12.00 Lakhs. The subsidiary's results were not reviewed by the auditors but were furnished by management and converted from local accounting principles to Indian accounting standards.

Additional Notes

  • Previous period figures have been regrouped/reclassified where necessary
  • Figures for quarter ended March 31, 2026 are balancing figures between audited annual figures and published year-to-date figures
  • The consolidated group is primarily engaged in chemical manufacturing with wireless equipment segment contributing less than 10%