Neogen Chemicals Limited — Important, 10-04-2025: General Updates

Dr. Harin Haridas Kanani has acquired 13,38,250 equity shares, representing 5.07% of Neogen Chemicals Limited's paid-up equity capital, from Mr. Haridas Thakarshi Kanani, through a gift via an off-market inter-se transfer. Following this transaction, Dr. Harin’s total shareholding increases to 33,38,250 shares, equating to 12.65% of the paid-up equity capital. This inter-se transfer keeps the overall promoter group holding unchanged, which remains at 2,63,81,674 equity shares or Rs. 26.38 crore in total paid-up capital. The implications suggest a consolidation of ownership within the promoter group, indicating ongoing confidence in the company’s strategic direction and performance. Investors may view this positively as it reflects stability in management equity alignment.