Shareholders meeting

Date: September 07, 2026 To To BSE Limited National Stock Exchange of India Limited 1st Floor, P.J. Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai — 400001 Bandra Kurla Complex, Bandra (E), Scrip Code: 506642 Mumbai - 400051, India Symbol: SADHNANIQ Subject: Notice of 53rd Annual General Meeting and Annual Report for FY 2025-26 Dear Sir/Madam, We wish to inform you that 53rd Annual General Meeting (“AGM”) of Sadhana Nitro Chem Limited (“the Company”) will be held on Wednesday, September 30, 2026, at 02:00 P.M. Indian Standard Time (‘IST’) through Video Conferencing (“VC”)/ Other Audio-Visual Means (“OAVM”), to transact the business as set out in the Notice of the AGM. In view of the Ministry of Corporate Affairs (“MCA”) & Securities and Exchange Board of India (“SEBI”) vide their Regulations, circulars and Notifications, has permitted the convening of AGM through VC/OAVM, without the physical presence of the Members at a common venue, and has also granted the relaxation in respect of sending physical copies of the annual report to shareholders. Pursuant to relevant provision of Companies Act, 2013 read with rules made thereunder and applicable provisions of SEBI Listing Regulations, the Company is providing facility to its Members to attend the AGM through VC/ OVAM and to exercise their right to vote in respect of the business to be transacted at the AGM by electronic means (remote e-voting / e-voting at the AGM). The details related to Cut off date for E-voting, commencement and end dates of E-voting are enclosed as under: Events Date Cut-off date for determining the eligibility Wednesday, September 23, 2026 for casting the votes through e-voting Commencement of e-voting period Sunday, September 27, 2026, 09:00 A.M. End of e-voting period Tuesday, September 29, 2026, 05:00 P.M. The detailed procedure for attending the AGM through VC / OVAM and exercising the right to vote in respect of the business to be transacted at the AGM by electronic means (remote e-voting / e-voting at the AGM) are provided in the Notice of AGM. The Notice of AGM along with Annual Report for Financial Year 2025-26 is also available on the Company's website at www.sncl.com. Further, pursuant to Regulations 30 and 34 of the SEBI Listing Regulations, please find enclosed the Notice of the AGM which is being sent only through electronic mode to the Members of the Company whose email addresses are registered with the Company/Company's Registrar and Share Transfer Agent/Depository Participant(s). Kindly take the same on your records. FOR SADHANA NITROCHEM LIMITED Nitin Rameshchandra Jani Company Secretary Membership No.: A4757 53rd Annual Report 2025-2026 SR.NO CONTENTS PAGE NO. 1 CORPORATE DETAILS 2 2 NOTICE TO THE MEMBER 3 - 20 3 BOARD REPORT WITH ANNEXURE AND MANAGEMENT DISCUSSION & ANALYSIS 21 - 115 4 CORPORATE GOVERNANCE REPORT 35 - 66 5 BUSINESS RESPONSIBILITY & SUSTAINABILITY REPORT 70 - 104 6(A) FIVE YEARS HIGHLIGHTS 116 6(B) EQUITY SHARE CAPITAL BUILT UP 117 7 STANDALONE FINANCIAL STATEMENT Independent Auditor's Report 118 - 129 Balance Sheet 130 Statement of Profit & Loss 131 Cash Flow Statement 132 - 133 Notes forming part of the Standalone Financial Statements 134 - 178 8 CONSOLIDATED FINANCIAL STATEMENT Independent Auditor's Report 179 - 187 Balance Sheet 188 Statement of Profit & Loss 189 Cash Flow Statement 190 - 191 Notes forming part of the Consolidated Financial Statements 192 - 233 9 ANNUAL REPORT OF THE SUBSIDIARY COMPANY - ANUCHEM B.V.B.A. 234 - 239 anant(p1) 030926 CORPORATE DETAILS BOARD OF DIRECTORS Shri. Asit D. Javeri Executive Chairman Shri. Abhishek A. Javeri Managing Director Smt. Seema A. Javeri Executive Director-Administration Shri. Priyam S. Jhaveri Non- Executive Non-Independent Director Smt. Ayesha S. Patel Independent Director (Retired on 06.12.2025) Shri. Mukul S. Mehra Independent Director Shri. Nayan M. Patel Independent Director Shri. Tej M. Contractor Independent Director (Appointed w.e.f. 18.10.2025) Smt. Sindhu S. Kotian Independent Director (Appointed w.e.f. 07.03.2026) KEY MANAGERIAL PERSONNEL Shri. Nitin R. Jani Company Secretary Shri. Vimal R. Jain Chief Financial Officer (CFO) (Appointed on 29.10.2025) BANKERS CITI BANK, Mumbai ICICI BANK LTD., Mumbai HDFC BANK LTD., Mumbai BANK OF MAHARASHTRA, Mumbai STATE BANK OF INDIA, Mumbai RBL BANK, Mumbai YES BANK, Mumbai AUDITORS Jayesh Dadia & Associates LLP Chartered Accountants 422, Arun Chambers, Tardeo, Mumbai-400034. REGISTERED OFFICE Unit No.1, 5th Floor, Nanavati Mahalaya, 18 Homi Modi Street, Fort, Mumbai, Maharashtra - 400001. Phone: 022-23865629 E-mail: sadhananitro@sncl.com Website: www.sncl.com CIN L24110MH1973PLC016698 FACTORY 47, M.I.D.C. Industrial Area, Roha, Dist. Raigad, Maharashtra- 402 116. REGISTRAR AND MUFG Intime India Pvt. Ltd. TRANSFER AGENT (RTA) (Formerly known as LINK INTIME INDIA PRIVATE LIMITED) C101, 247 Park, LBS Marg, Vikhroli West, Mumbai-400 083. Phones : 022-49186000 E-mail : rnt.helpdesk@in.mpms.mufg.com NOTICE OF THE 53RD ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE 53RD ANNUAL GENERAL MEETING (“AGM”) OF THE MEMBERS OF SADHANA NITRO CHEM LIMITED (“THE COMPANY”) WILL BE HELD ON WEDNESDAY, 30TH SEPTEMBER, 2026 AT 02:00 PM (IST) THROUGH VIDEO CONFERENCING (“VC/OAVM”) TO TRANSACT THE FOLLOWING BUSINESS: ORDINARY BUSINESS: 1. Adoption of Financial Statement To receive, consider and adopt the Audited Financial Statements (including Consolidated Financial Statements) of the Company for the Financial Year ended on March 31, 2026 and the Reports of the Board of Directors and the Auditor's thereon. 2. Appointment of Mrs. Seema A. Javeri (DIN: 01768936) as a director who is liable to retire by rotation and being eligible, offers herself for re-appointment. To consider and if thought fit, to pass, the following Resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 152 and other applicable provisions of the Companies Act, 2013, Mrs. Seema A. Javeri (DIN: 01768936), who retires by rotation, be and hereby re-appointed as a Director liable to retire by rotation.” SPECIAL BUSINESSES: 3. Ratification of remuneration of Cost Auditors To consider and if thought fit, to pass, the following Resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of the Companies Act, 2013 (hereinafter called as “the Act”) read with the Companies (Audit and Auditors) Rules 2014 as amended from time to time, the payment of the remuneration of Rs. 1,25,000/- (Rupees One Lakh Twenty Five Thousand Only) plus reimbursement of out of pocket expenses at actual plus applicable taxes payable to M/s. Vinay Mulay & Co., Cost Accountants (Reg No: M/8791), who were appointed as Cost Auditors by Board of Directors of the Company on the recommendation of Audit Committee, to conduct the audit of Cost Records maintained by the Company for Financial Year ending March 31, 2026, be and is hereby ratified and approved. “RESOLVED FURTHER THAT Mr. Asit D. Javeri, Executive Chairman and/or Mr. Abhishek A. Javeri, Managing Director and/or Mr. Nitin R. Jani, Company Secretary be and are hereby severally authorized to do all acts and take all such steps as may be necessary, proper or expedient to give effect to this resolution.” 4. To re-appoint Mr. Asit D. Javeri (DIN: 00268114) as an Executive Chairman of the Company: To consider and, if thought fit, to pass with or without modification(s) the following resolution as Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198 and 203 read with Schedule V and all other applicable provisions of the Act and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification and re-enactment thereof for the time being in force) and Regulation 17 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 subject to approval of Government of India or such oth [Showing first 8,000 characters — download PDF for full document]