Neogen Chemicals Limited
Neogen Chemicals Ltd, incorporated in 1991, manufactures bromine and lithium-based organic and organo-metallic compounds, used in the pharmaceutical, agricultural chemicals, and engineering industries.
What Neogen files
- Important76
- Others65
- Investor Meet46
- Updates38
- Board Meeting22
- Insider Trade11
Neogen Chemicals has launched its qualified institutions placement, approving the preliminary placement document and setting a floor price of ₹2,189.73 per equity share, with a potential discount of up to 5% authorized.
Neogen Chemicals has kicked off a Qualified Institutional Placement (QIP) of equity shares to raise funds from qualified institutional buyers. The committee has set a floor price of ₹2,189.73 per share, with a possible discount of up to 5%.
Neogen Chemicals received a show cause notice with a tax demand of ₹6.97 Cr, including interest and penalty. The company is evaluating and will file a response. No material impact expected.
Neogen Chemicals Limited has informed the Exchange about receipt of show cause cum demand notice from the Office of the Commissioner CGST and Central Excise Commissionerate, Belapur.
Neogen Chemicals' subsidiary NIL is selling an undertaking to its step-down subsidiary NML for ₹245 Cr. This strategic consolidation aims to streamline the Electrolyte Salt (LiPF6) business. The undertaking represents 19.05% of the company's consolidated net worth.