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Sadhana Nitro Chem promoters win injunction over share sales

August 18, 2025 at 10:40 AM UTCBy FilingReader AI

Sadhana Nitro Chem's promoters secured an injunction from the Bombay High Court on August 14, restraining three broking firms from selling the company's pledged shares.

The promoters filed suit against Badjate Stock Broking, Badjate Stocks and Shares, and Bonanza Portfolio, seeking damages for alleged illegal invocation and sale of shares. The company is seeking independent legal advice to protect shareholder interests.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:SADHNANIQBombay Stock Exchange

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