Sadhana Nitrochem Limited — Updates, 08-11-2024: Press Release

Sadhana Nitro Chem Limited has received approval from the National Company Law Tribunal for its resolution plan to acquire Calchem Industries (India) Ltd. for ₹9.50 crores. This strategic acquisition, set to be completed by January 27, 2025, will enhance Sadhana’s operational capabilities, streamline logistics, and support its growth objectives by integrating Calchem's facilities located near its existing plant in Roha, Maharashtra.