Neogen Chemicals Limited — Board Meeting, 25-03-2025: Outcome of Board Meeting

Neogen Chemicals has announced a board meeting focusing on an investment in its wholly-owned subsidiary, Neogen Chemicals Japan Corporation. The company plans to invest up to JPY 2 crore by subscribing to 20,00,000 equity shares, aiming for 100% ownership of NCL Japan. This investment will support NCL Japan’s operational expenses as it gears up to commence business. The subscription is expected to complete within 60 days once the share application money is received. This strategic move indicates Neogen’s commitment to expanding its presence in the specialty chemicals sector globally.