Neogen Chemicals Limited — Insider Trade, 15-04-2025: Insider/ Institutional Trade

Haridas Thakarshi Kanani, a promoter of Neogen Chemicals Limited, reported an insider transaction involving the sale of 29,12,941 equity shares (11.04% of the paid-up equity capital) to Beena Haridas Kanani, a member of the promoter group. This transfer was conducted as a gift through an off-market inter-se transfer. Post-transaction, Kanani's holding reduced to 61,53,887 shares, representing 23.33% of the company's equity. This insider trading activity is noteworthy as it reflects the internal movements within the promoter group, which could influence investor sentiment regarding ownership stability and management credibility.