Neogen Chemicals Ltd
Neogen Chemicals Ltd: Promoter Group Acquires 3.79% Stake via Preferential Allotment š
ā¢ Cadamba Solutions Private Limited acquired 1,000,000 equity shares via preferential allotment on April 18, 2026
ā¢ Acquisition price: ā¹1,610 per share (ā¹10 face value + ā¹1,600 premium)
ā¢ Total investment: ā¹161 crore
ā¢ Represents 3.79% of Neogen's pre-allotment equity capital and 3.65% post-allotment
ā¢ Cadamba Solutions is part of Neogen's promoter group
ā¢ Disclosed under SEBI Takeover Regulations with no persons acting in concert
ā¢ Post-acquisition equity capital increased to ā¹27.38 crore from ā¹26.38 crore