Neogen Chemicals Limited — Board Meeting, 01-02-2025: Outcome of Board Meeting

The Board of Neogen Chemicals Limited has convened a meeting to review and approve the unaudited financial results for the quarter and nine months ending December 31, 2024. The results indicate a revenue of ₹200.41 crore for the quarter and ₹569.90 crore for the nine months, with a net profit of ₹14.41 crore and ₹43.21 crore, respectively. The board also discussed the amalgamation of its wholly-owned subsidiary, Buli Chemicals India Private Limited, effective April 1, 2024, under a scheme sanctioned by the National Company Law Tribunal. This merger will be accounted for retrospectively for previous periods.