Neogen Chemicals Limited — Insider Trade, 16-04-2025: Insider/ Institutional Trade

Haridas Thakarshi Kanani, a promoter of Neogen Chemicals Limited, has transferred 61,53,887 equity shares, representing 23.33% of the paid-up equity capital, from his joint demat account with Mrs. Beena Haridas Kanani to his individual demat account through an off-market transaction. This transaction is an inter-se transfer within the promoter group. Following this transaction, Kanani's individual holding in Neogen Chemicals Limited has become zero. This move may influence investor perceptions of the promoter's commitment to the company, as significant changes in shareholding can signal changes in control or control dynamics within the company.