Pledge/Unpledge

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, which can impact the company's free float.