Sadhana Nitrochem Limited — Important, 20-03-2025: Updates

The company has addressed a regulatory oversight concerning related party transactions related to a recent postal ballot resolution. While related parties voted "Yes" on the resolution for Material Related Party Transactions, their votes were mistakenly recorded as zero in the scrutinizer's report submitted to the stock exchange. After consultations, the company acknowledged that related party votes should not have been cast and that no rectification can currently be implemented. Moving forward, the company is committed to ensuring compliance with relevant regulations regarding related party transactions to prevent similar discrepancies in the future. Investors should watch closely for updates on measures taken to enhance governance practices.