Sadhana Nitro Chem Ltd board to consider bonus issue

A meeting of the Board of Directors of Sadhana Nitro Chem Ltd is scheduled to be held on July 29, 2020, to consider and approve the audited Financial Statements of the Company for the quarter and year ended March 31, 2020.

The board will consider the proposal for declaration of Bonus Shares.

The board will also consider and approve draft scheme of merger by absorption of wholly owned subsidiary Spidigo Net Private Limited (Transferor Company) with the Company (Transferee Company).

Shares of SADHANA NITROCHEM LTD. was last trading in BSE at Rs.33.45 as compared to the previous close of Rs. 31.9. The total number of shares traded during the day was 223923 in over 551 trades.

The stock hit an intraday high of Rs. 33.45 and intraday low of 31.05. The net turnover during the day was Rs. 7368146.

Source : Equity Bulls

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