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, a promoter group member, from Avendus Structured Credit Fund III.

This move reflects a change in the promoter's shareholding status to support funding for a group entity.