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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.
An immediate relative of a Neogen Chemicals director transferred 354 equity shares (0.001% of capital) to another relative via an off-market gift. This internal family transaction involved no financial exchange, indicating a minor internal change in shareholding.
Neogen Chemicals' promoter group, Cadamba Solutions, acquired 1 million equity shares via preferential allotment for Rs 161 Cr. This boosts their post-allotment stake to 3.65%, signaling strong internal confidence and capital infusion into the company.
Neogen Chemicals: Promoter group member Cadamba Solutions acquired 10 lakh equity shares for Rs 161 Cr through a preferential allotment. This cash deal boosts their stake to 3.65% of the company's post-allotment equity capital.
Neogen Chemicals' Fund Raising Committee approved allotting 10,00,000 equity shares with a face value of Rs. 10 each. These shares were allotted at a price of Rs. 1,610 per share, including a premium of Rs. 1,600, aggregating to Rs. 161 Crore. The shares were issued on a preferential basis to...
Neogen Chemicals received an additional 60 Cr insurance payout for the Dahej plant fire, bringing total claims to 140 Cr. The fire caused a 348.16 Cr loss, partially offset by 334.60 Cr claim receivable. Production is suspended, but critical products shifted. A new plant aims for Q1 FY27 commissioning.