tiprankstipranks
Trending News
More News >

Sadhana Nitro Chem Limited Announces Key Financial and Audit Decisions

Story Highlights
Sadhana Nitro Chem Limited Announces Key Financial and Audit Decisions

Don’t Miss TipRanks’ Half-Year Sale

Sadhana Nitro Chem Limited ( (IN:SADHNANIQ) ) has shared an announcement.

Sadhana Nitro Chem Limited’s board meeting on May 2, 2025, resulted in several significant decisions. The board approved the audited financial results for the quarter and year ending March 31, 2025, and recommended a 10% dividend for the financial year 2024-25. Additionally, the company appointed new auditors for internal, cost, and secretarial audits for the financial year 2025-26, and confirmed the re-appointment of its statutory auditor. The board also noted the utilization of proceeds from a recent rights issue, indicating a strategic focus on financial transparency and accountability.

More about Sadhana Nitro Chem Limited

Sadhana Nitro Chem Limited operates in the chemical industry, focusing on the production of nitrobenzene and its derivatives. The company serves various sectors, including pharmaceuticals, agriculture, and dyes, positioning itself as a key player in the specialty chemicals market.

YTD Price Performance: -49.55%

Average Trading Volume: 85,220

Current Market Cap: 6.86B INR

For an in-depth examination of SADHNANIQ stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1