Neogen Chemicals Limited — Updates, 12-08-2025: Press Release
12-08-2025 | 01:07 pm
12-08-2025 | 01:07 pm
Neogen Chemicals has successfully raised INR 200 Cr through a private placement of Non-Convertible Debentures (NCDs). These NCDs were issued at a competitive 10.50% coupon for up to 30 months and were fully subscribed by institutional investors. The funds will provide critical financial flexibility, supporting ongoing CAPEX plans. A significant portion will also expedite the rebuilding of the Organic Chemicals plant in Dahej SEZ, providing crucial liquidity until insurance proceeds are received. This fundraise signals strong market confidence in Neogen's growth strategy.
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