Sadhana Nitro Chem Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Dec 2024

1) These unaudited standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 3rd February, 2025. These unaudited standalone financial results have been prepared in accordance with the Indian Accounting Standards ("Ind-AS") as specified under Section 133 of the Companies Act, 2013 read with rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 (as amended from time to time) and the provisions of the Companies Act, 2013.

2) The above unaudited standalone financial results for the quarter and Nine Months ended 31st December, 2024 are reviewed by the Statutory Auditors of the Company, under Regulation 33 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. An unmodified limited review report was issued by them thereon.

3) The company is primarily engaged in one business segment i.e. manufacturing of chemical intermediates, heavy organic chemicals and performance chemicals and it is primary segment. The company is also engaged in the manufacture of wireless network equipment & related Software development. However, since the revenue, profits & total assets of this segment is less than 10% of the combined revenue, profits & assets of all the reporting segments, disclosures as required by Ind-As 108, ‘Operating Segments’ are not given.

4) The Company had issued and allotted 8,23,52,605 fully paid-up Equity Shares at an issue price of Rs. 6.06 per Equity Share (including a premium of Rs 5.06 per Equity Share) to eligible equity shareholders in the ratio of 1 Right equity shares for every 3 Fully paid-up equity shares held, pursuant to the Rights Issue. Accordingly, the paid-up equity share capital of the Company has been increased form Rs. 24,70,58,452 to Rs. 32,94,11,057 due to addition of 8,23,52,605 equity shares of Re. 1 /- each.

5) Subsequent to the quarter ended 31st December, 2024, the company has acquired Calchem Industries (India) Limited, as approved by the order of the Hon’ble National Company Law Tribunal (NCLT), Mumbai bench. The Company has completed the acquisition on 27th January, 2025 and pursuant to this acquisition, Calchem Industries (India) Ltd is now a subsidiary of Sadhana Nitro Chem Limited (SNCL).

6) Previous period figures have been regrouped /reclassified, wherever necessary to conform to current period classification.

7) The above is an extract of the detailed format of the financial results for the Quarter and nine months ended 31st December, 2024 filed with Stock Exchanges, under Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘(Results’). The complete format of the results is available on www.bseindia.com, www.nseindia.com and on the company’s website at www.sncl.com.