08 Dec 07 Sadhana Nitro Rights Issue Approved

Sadhana Nitro Rights Issue has been approved by the board of Sadhana Nitro Limited. This was informed by means of an anoouncement made by Sadhana Nitro to the stock exchanges. The ratio of the rights issue has been fixed as 7:2 (7 rights for every 2 equity shares held). Sadhana Nitro Rights Issue record date has not yet been announced. The record date will be updated here as soon as it has been announced.

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