Neogen Chemicals Limited — Important, 10-04-2025: General Updates
10-04-2025 · 06:06 pm
Dr. Harin Haridas Kanani and Haridas Thakarshi Kanani, promoters of Neogen Chemicals, have engaged in an inter-se transfer of 13,38,250 equity shares, valued at approximately ₹2091.50 Cr, via an off-market transaction. This transfer represents 5.07% of the company's paid-up equity capital. Following the transaction, the total holding of the promoter group remains unchanged, ensuring stability in their ownership structure. Notably, this move proceeds within the parameters of the company's insider trading policies, raising potential interest among investors regarding leadership commitment and internal alignment. Keep an eye on further implications this might have on share price movements.
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