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Sadhana Nitro Chem Ltd.

BSE: 506642 Sector: Industrials
NSE: N.A. ISIN Code: INE888C01040
BSE 00:00 | 17 Sep 35.60 -0.15
(-0.42%)
OPEN

35.60

HIGH

36.50

LOW

35.00

NSE 05:30 | 01 Jan Sadhana Nitro Chem Ltd
OPEN 35.60
PREVIOUS CLOSE 35.75
VOLUME 56478
52-Week high 53.39
52-Week low 12.89
P/E 63.57
Mkt Cap.(Rs cr) 696
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 35.60
CLOSE 35.75
VOLUME 56478
52-Week high 53.39
52-Week low 12.89
P/E 63.57
Mkt Cap.(Rs cr) 696
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Sadhana Nitro Chem Ltd. (SADHANANITRO) - Company History

Sadhana Nitro Chem a public limited company was promoted by D T Javeri in Jul.'73. It manufactures and markets basic heavy organic chemicals and dye intermediates. The company has set up a plant for manufacturing meta amino phenol (MAP) with a capacity of 500 tpa with technical know-how from Biazzi Switzerland.The company has won an award from CHEMEXCIL for its outstanding export performance.The company went public in Aug. '93 with a issue of 3.98 lac equity shares of Rs 10 each aggregating Rs 199.06 lac to part-finance its diversification project for the manufacture of meta amino phenol (MAP) with the technical know-how from Biazzi Switzerland.It has a well-knit market network in countries like the UK the US Europe Japan Korea and South-East Asian countries. The company diversified into the manufacture of downstream products viz metanilic acid and sodium meta nitrobenzene sulphonate. The company also purchased 100% shares in the share capital of Anuchem BVBA Belgium which has with effect from 1st April 1998 became a wholly owned foreign subsidiary of the company.During 1998-99 the company has been granted status of 'Golden Export House' by Directorate General of Foreign Trade Ministry of Commerce Government of India. The company exports constitute more than 76% of the overall sales. The company had obtained ISO-9002 for its quality system from Bureau of Indian Standard during 1999-2000. The company has allotted bonus shares in the ratio of 2:5 in 2002-03. The shares allotted were 584414 equity shares.

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