Sadhana Nitro Chem to sell its wholly owned foreign subsidiary

16 Sep 2014

Sadhana Nitro Chem has received an approval for sale of wholly owned foreign subsidiary of the company. The board of directors at their meeting held on September 12, 2014 has approved for the same.

Sadhana Nitro Chem is engaged in the manufacture and marketing of Nitrobenzene (12000 TPA) and its downstream derivatives and intermediates (4000 TPA) for various applications in Pharma, Agro, Dyes, Plastic Additives & Epoxy resin hardeners.

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