StockWatch
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Commodity Chemicals
Shareholding11 Aug 2026, 05:21 pm

Niraj Bajaj Acquires Stake in Sadhana Nitrochem via Preferential Allotment

AI Summary

Niraj Bajaj has disclosed a substantial acquisition of shares in Sadhana Nitrochem Ltd. through a preferential allotment. Prior to this acquisition, Bajaj held 14,75,00,000 shares. The recent transaction involved acquiring an additional 5,25,00,000 equity shares. Following this acquisition, Niraj Bajaj's total holding in Sadhana Nitrochem Ltd. stands at 20,00,00,000 shares. The total equity share capital of the company increased from 296,46,94,385 shares to 303,21,94,385 shares post-acquisition. This disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Niraj Bajaj acquired 5,25,00,000 shares in Sadhana Nitrochem.
  • Acquisition was made through a preferential allotment.
  • Total holding increased to 20,00,00,000 shares.
  • Disclosure filed under SEBI Takeover Regulations.
  • Company's total equity capital increased post-acquisition.