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.
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Neogen Chemicals promoter, Dr. Harin Haridas Kanani, has pledged 13,19,083 equity shares, which constitutes 5% of the company's total paid-up capital. This pledge was created on March 30, 2026, in favor of Axis Trustee Services Limited. The purpose of this encumbrance is to facilitate borrowing by Cadamba Solutions Private Limited,...
Neogen Chemicals promoter Dr. Harin Haridas Kanani has pledged an additional 20.19 lakh shares (7.65% of the company's paid-up capital) to Axis Trustee Services. This new pledge helps a promoter group company, Cadamba Solutions Private Limited, raise funds. Notably, this transaction means Dr. Kanani's entire direct holding of 33.38 lakh...
Neogen Chemicals promoter Dr. Harin Haridas Kanani has pledged 20.19 lakh shares, representing 7.65% of the company's paid-up capital. This pledge facilitates fundraising for Cadamba Solutions Private Limited, a promoter group entity. Investors should note the creation of this pledge.
Neogen Chemicals: Promoter Dr. Harin Haridas Kanani pledged 13.19 lakh equity shares (5% of paid-up capital) on March 30, 2026. This move facilitates fund-raising for Cadamba Solutions Private Limited, a promoter group member. For investors, promoter share pledges are important to note as these shares serve as collateral for loans,...