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Sadhana Nitro Chem Ltd logo

Sadhana Nitro Chem Ltd

NSE: SADHNANIQ BSE: 506642

₹2.40

(1.69%)

Thu, 21 May 2026, 03:27 pm

Company History

1973

  • The Company was incorporated on 21st July, at Mumbai.
  • The Company was promoted by Indo-Berolina Industries Pvt. Ltd., Shri D.T. Javeri, Shri M.I. Shah and Shri A.T. Shah.
  • The main object of the Company is to manufacture nitrobenzene.

1974

  • 670 No. of equity shares allotted to the subscribers to the Memorandum of Association and directors.
  • 1,29,330 No. of equity shares allotted to the directors.
  • 5,000 Pref. and 1,95,000 No. of equity shares offered to the public.
  • Pref. shares redeemable during 16th May 1986/89.

1978

  • 81,250 Right Equity shares issued at par in prop. 1:4 during 1975-76.
  • Arrears: Rs 13,250.

1983

  • Production suffered due to labour unrest and strike for nearly 2 months.
  • The working for the year resulted in a loss.

1987

  • 1,62,500 bonus equity shares issued in prop. 2:5.
  • Preference shares were redeemed on 30th June 1988.

1988

  • Turnover declined due to labour unrest for 4 months.

1990

  • Turnover declined due to Gulf crisis, recessionary trend in demand coupled with competitive market conditions and loss on account of a fire accident.

1991

  • The Company expanded its product range with the commencement of production of new items of dye intermediate.
  • The company proposed to set up a plant for the manufacture of Meta amino phenol with foreign collaboration.

2002

  • The company issued bonus shares in the ratio 2:5.

2006

  • The company has recommended a dividend of Rs 2/- per equity share of Rs 10 each.

2008

  • The company has issued rights in the ratio of 7:2 at a premium of Rs 0/- Per Share.

2014

  • Sadhana Nitro Chem shifted its Registered Office to Hira Baug, 1st Floor, Kasturba Chowk, Mumbai - 400 004.

2019

  • The Company has splits its face value from Rs. 10/- to Rs. 5/-.

2020

  • The Company has issued Bonus Shares in the Ratio of 1:2.
  • The Company has splits its face value from Rs. 5/- to Rs. 1/-.

2021

  • The Company has issued Bonus Shares in the Ratio of 2:5.

2023

  • The Company has issued Bonus Shares in the Ratio of 2:9.

2024

  • The company issued rights shares of Rs. 1 in the ratio of 1:3 at a premium of Rs. 5.06 per share.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800