Sadhana Nitrochem Limited — Important, 18-08-2025: Disclosure of material issue

**SADHANA NITRO CHEM (SADHNANIQ) LEGAL UPDATE:** Promoters have secured an ad-interim injunction from the Bombay High Court preventing specific brokers from further selling their pledged shares. The promoters claim these shares were illegally invoked and sold, and are now suing the brokers for damages.

**Impact for Investors:** This legal dispute introduces uncertainty surrounding promoter shareholding stability and could lead to share price volatility. Sadhana Nitro Chem is listed as a defendant in this suit.

**Company Response:** Sadhana Nitro Chem is actively seeking independent legal advice to evaluate options and protect the broader shareholder interests, promising to disclose any material developments.