Sadhana Nitro Chem Limited in its board meeting held on May 24, 2022 considered and recommended a dividend of 15% i.e. INR 0.15 per equity share of the face value of INR 1/- each for the financial year 2021-22 on expanded capital after two bonus issues in the ratio of 1:2 in Fiscal Year 2020-21 and in the ratio of 2:5 in the Fiscal Year 2021-22 subject to the approval of shareholders at the up coming Annual General Meeting.