Sadhana Nitrochem Ltd. — Major Shareholding Notification 2021

Jul 5, 2021

July 02, 2021

To, BSE Limited,

1st Floor, P.J. Towers, Dalal Street, Mumbai – 400001.

Scrip Code – 506642

Subject: Disclosure under regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Dear Sir/Madam,

I, Mr. Abhishek Asit Javeri, member of promoter group have been allotted 1,14,319 Equity Shares of Sadhana Nitro Chem Limited of Face value of Rs.10/- on March 28, 2018 issued on Sweat Equity Basis under lock in for a period of 3 years from the date of allotment i.e. March 28, 2018 has been release from lock in on May 31, 2021.

Please find enclosed disclosure of release of encumbrance as on May 31, 2021 in the prescribed format as required under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Kindly take on record as enclosed below.

Thanking you,

ABHISHEK ASIT JAVERI

Digitally signed by ABHISHEK ASIT JAVERI DN: c=IN, o=Personal, postalCode=400007, st=Maharashtra, 2.5.4.20=341957f2d22574a9807a2d4eff22e 2a524b20c5031a73710d7f9b5980da6a8b3, serialNumber=0cd6d4315bfb273a7bd099c 0e4664093fafa4a53dc7a193c10169cf1cfc0 9bfb, cn=ABHISHEK ASIT JAVERI Date: 2021.07.02 21:11:16 +05'30'

---

Mr. Abhishek Asit Javeri Director DIN : 00273030

Encl . as above

Annexure I

Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/ release of encumbrance, in terms of Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Sadhana Nitro Chem Limited Name of the Target Company (TC) BSE Limited Names of the Stock Exchanges where the shares of the target company are listed July 02, 2021 Date of reporting Name of the promoter or PAC Mr. Abhishek Asit Javeri on whose shares encumbrance has been created/released/invoked Details of the creation/invocation/release of encumbrance:

Name of the promote r (s) or PACs with him* Promoter holding in the target company (1)	Name of the promote r (s) or PACs with him* Promoter holding in the target company (1)	Name of the promote r (s) or PACs with him* Promoter holding in the target company (1)	Promoter holding already encumbered (2)	Promoter holding already encumbered (2)		Details of	Details of	events pertaining	events pertaining	to encumbrance (3)	to encumbrance (3)	to encumbrance (3)				Post event holding of encumbered shares ~~{creation~~ ~~[(2)+(3)~~] / release [(2)-(3)] / ~~invocatio~~ ~~n [(1)-~~ ~~(3)~~]]	Post event holding of encumbered shares ~~{creation~~ ~~[(2)+(3)~~] / release [(2)-(3)] / ~~invocatio~~ ~~n [(1)-~~ ~~(3)~~]]
Number		% of total share capital	Number	% of total share capit al		Type of event ~~(creatio~~ ~~n~~/ release / ~~invocat~~ ~~ion~~)		Date of ~~creation~~/ release/ ~~invocation~~of encumbrance		Type of encum brance ~~(pledge~~ ~~/ lien/~~ ~~non~~ ~~disposa~~ ~~l~~ ~~underta~~ ~~king~~/ others)	Reasons for encumbrance ** Number		% of share capit al	Name of the entity in whose favor shares encum bered ***		Number % of total share capit al
Mr. Abhishek Asit Javeri	42,16,260	3.02 %	17,14,785	1.23%		Release		May 31, 2021	Others - Lock in		Pursuant to statutory requirement post Sweat equity allotment	*17,14,785	1.23%	NA		0	0

*
Sr. No	Corporate Action	Date	No. of Shares in lock- in
1	Issue of Sweat Equity shares	28 March 2018	1,14,319
2	Stock Split from Rs.10/- to Rs.5/-	29 Jan 2019	2,28,638
3	Stock Split from Rs.5/- to Rs.1/-	03 Apr 2020	11,43,190
4	Bonus issue 1:2	17 Sep 2020	Pre Bonus - 11,43,190 Post Bonus – 5,71,595 Total - 17,14,785

Note: Pursuant to above corporate Actions, number of shares to be released from lock in is 17,14,785

ABHISHEK ASIT JAVERI Digitally signed by ABHISHEK ASIT JAVERI DN: c=IN, o=Personal, postalCode=400007, st=Maharashtra, 2.5.4.20=341957f2d22574a9807a2d4eff22e2a524b20c5031a73710d7f9b5980da6a8b3, serialNumber=0cd6d4315bfb273a7bd099c0e4664093fafa4a53dc7a193c10169cf1cfc09bfb, cn=ABHISHEK ASIT JAVERI Date: 2021.07.02 21:12:14 +05'30'

---

Mr. Abhishek Asit Javeri Director DIN : 00273030