StockWatch
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Commodity Chemicals
Corporate Action1 Jun 2026, 12:44 pm

Sadhana Nitro: Allots 6.75 Cr Equity Shares at ₹2.06

AI Summary

Sadhana Nitro Chem Ltd has announced the issue and allotment of 6,75,00,000 equity shares with a face value of Re. 1 each on a preferential basis. The floor price, determined in consultation with the National Stock Exchange of India Limited, is ₹2.05 per equity share based on the 90 trading days preceding the relevant date. The issue/allotment price remains unchanged at ₹2.06 per equity share, which is higher than the floor price.

Key Highlights

  • Sadhana Nitro allots 6,75,00,000 equity shares.
  • Face value of each share is Re. 1.
  • Floor price is determined at ₹2.05 per share.
  • Allotment price remains at ₹2.06 per share.