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Company Filings, Explained Simply

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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Sadhana Nitro Chem Ltd

Sadhana Nitro Chem: Preferential Allotment Price Set at Rs. 2.06 Per Share

FUNDRAISE ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 01 Jun 2026, 12:42 PM IST  ·  BSE ID: 23b5b685-d1f6-48d3-be18-a2d0e02081ef
View Original BSE Filing (PDF)
💡
In Simple Terms
The company will sell 6.75 crore new shares at Rs. 2.06 each, which is above the minimum price allowed.
🤖 AI Summary
  • Sadhana Nitro Chem sets preferential allotment issue price at Rs. 2.06 per equity share.
  • 6,75,00,000 equity shares to be issued on a preferential basis.
  • Floor price determined at Rs. 2.05 per share, based on 90-day VWAP.
  • Issue price of Rs. 2.06 is higher than the calculated floor price.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Equity Shares
6,75,00,000
Face Value per Equity Share
Re. 1
Preferential Allotment Price
Rs. 2.06 per equity share
90-day VWAP Floor Price
Rs. 2.05 per equity share
10-day VWAP
Rs. 2.03 per equity share
🏢 How This Affects the Company
💰
Financial Impact
The preferential allotment will increase the company's equity base and cash reserves upon completion.
👥 What This Means For Shareholders
✅
Action Required
No action is required by existing shareholders.
👤
Who Is Affected
Existing shareholders will experience dilution of their equity stake due to the issuance of new shares.
🔍
Management Signal
Management is proceeding with capital raising initiatives via preferential allotment, as previously indicated.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Allotment confirmation for the 6.75 crore equity shares.
Disclosure of allottees for the preferential issue.
Utilisation of funds raised from the preferential allotment.
MEDIUM RISK Capital raising inherently involves dilution; specifics of allottees and fund use are critical.
💡 Investor Takeaway
Sadhana Nitro Chem confirmed a preferential allotment price of Rs. 2.06 per share for 6,75,00,000 equity shares, higher than the Rs. 2.05 floor price.
⚖️ Strengths & Concerns

✅ Positives

  • Preferential allotment price of Rs. 2.06 per share exceeds the Rs. 2.05 floor price.
  • The allotment confirms a valuation discovery process adhering to SEBI ICDR Regulations.
📅 Company Track Record
Sadhana Nitro Chem recently completed a Rights Issue of equity shares, with trading commencing in March 2026. The company confirmed no deviation in the use of those funds in May 2026.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What is the issue price for Sadhana Nitro Chem's preferential allotment?
The issue price for Sadhana Nitro Chem's preferential allotment is Rs. 2.06 per equity share.
How many equity shares is Sadhana Nitro Chem allotting preferentially?
Sadhana Nitro Chem is allotting 6,75,00,000 (Six Crore Seventy-Five Lacs) equity shares on a preferential basis.
What is the floor price for Sadhana Nitro Chem's preferential issue?
The floor price for Sadhana Nitro Chem's preferential issue is Rs. 2.05 per equity share, determined by the 90-day VWAP.
Is the preferential allotment price higher than the floor price?
Yes, the preferential allotment price of Rs. 2.06 per equity share is higher than the calculated floor price of Rs. 2.05.

Questions based on this BSE filing only. For information purposes.

⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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