Neogen Chemicals Limited — Important, 31-08-2025: Agreements

Neogen's subsidiary, NIL, formed a JV with Japan's Morita Investment to produce LiPF6 salt, vital for Lithium-Ion Batteries. NIL will own minimum 80%, Morita maximum 20% in the new venture. This strategic move leverages global tech to boost Neogen's play in the rapidly growing battery material market.