Neogen Chemicals Limited — Updates, 28-04-2026: General Updates

Neogen Chemicals' step-down subsidiary, NML, will raise ₹100.11 Cr via a rights issue, subscribed by its wholly-owned subsidiary NIL for 71 lakh shares. This capital infusion supports NML's expansion in Lithium-Ion Battery materials, specifically electrolyte salts, and potential acquisition of a salt business.