Sadhana Nitro Chem Ltd Share Price


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Executive Chairman Asit D Javeri
Independent Director Arvind R Doshi
Director Seema A Javeri
Independent Director Priyam S Jhaveri
Managing Director & CFO Abhishek A Javeri
Independent Director Pradeep N Desai
Company Secretary Nitin R Jani
Additional Director Amit M Mehta

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 5,84,414 equity shares.


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