Sadhana Nitrochem Ltd. — M&A Activity 2025

Jan 27, 2025

==> picture [558 x 71] intentionally omitted <==

Date: January 27, 2025

To BSE Limited 1[st] Floor, P.J. Towers, Dalal Street, Mumbai — 400001 Scrip Code: 506642

To National Stock Exchange of India Limited Exchange plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai-400051, India Symbol: SADHNANIQ

Subject: Acquisition of Calchem Industries (India) Ltd. completed

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Ref.: Our earlier disclosure dated November 8, 2024 on the subject.

Dear Sir/Madam,

Further to our above captioned disclosure, we are pleased to inform you that the acquisition of Calchem Industries (India) Ltd. has been successfully completed and procedural compliances in this regard are underway.

The payment of the requisite consideration, as approved by the order of the Hon’ble National Company Law Tribunal (NCLT), has been duly completed. Consequently, as of today, i.e. 27-01-2025, the Company has taken possession of Calchem Industries (India) Ltd, along with the plant, land and machinery at Roha; adjacent to SNCL’s current factory .

We also wish to inform you that, pursuant to this acquisition, Calchem Industries (India) Ltd is now a subsidiary of Sadhana Nitro Chem Limited (SNCL). This acquisition is a strategic fit for and aligns with SNCL’s long – term growth objectives and is expected to contribute positively to shareholder value.

We request you to take the above information on record pursuant to the provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and any other applicable regulations and disseminate the same to stakeholders.

You are requested to kindly take the afore mentioned on record.

Yours faithfully, For SADHANA NITROCHEM LIMITED

ABHISHEK Digitally signed by ABHISHEK ASIT JAVERI DN: c=IN, o=Personal, pseudonym=44C66A2C9B69DF88FCB2049A2C41D0C7, 2.5.4.20=341957f2d22574a9807a2d4eff22e2a524b20c5031a73710d7f9b5980da6a8b3, postalCode=400007, st=Maharashtra, serialNumber=0CD6D4315BFB273A7BD099C0E4664093FA ASIT JAVERI FA4A53DC7A193C10169CF1CFC09BFB, cn=ABHISHEK ASIT JAVERI Date: 2025.01.27 17:06:39 +05'30'

Abhishek Asit Javeri Managing Director DIN: 00273030

==> picture [561 x 80] intentionally omitted <==