Neogen Chemicals Limited — Important, 12-08-2025: General Updates
12-08-2025 | 12:22 pm
12-08-2025 | 12:22 pm
Neogen Chemicals has successfully allotted 20,000 secured, non-convertible debentures (NCDs) on a private placement basis, raising ₹200 Cr. These NCDs, with a face value of ₹100,000 each, bear an annual interest rate of 10.50% payable monthly, maturing in 30 months. The issue was fully subscribed by 7 investors and will be listed on BSE's Wholesale Debt Market. This strengthens the company's financial position, supporting future business developments.
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