Neogen Chemicals Ltd

Neogen Chemicals: Promoter Group Acquires 1 Million Shares at ₹1,610 Each 💼

• Cadamba Solutions Private Limited, a Neogen Chemicals promoter group member, acquired 1,000,000 equity shares via preferential allotment.

• Acquisition date: April 18, 2026

• Issue price: ₹1,610 per share (face value ₹10, premium ₹1,600)

• Total transaction value: ₹161 crore (₹1,61,00,00,000)

• Pre-acquisition holding: 0% shares

• Post-acquisition holding: 1,000,000 shares (3.65% of Neogen's post-allotment paid-up equity capital)

• Neogen's paid-up equity capital increased from ₹26.38 crore to ₹27.38 crore after the allotment