Neogen Chemicals Limited — Dividend/Bonus, 16-05-2026: Dividend

NEOGEN has announced a board meeting that approved the financial results for the quarter and financial year. The board proposed a final dividend of Re. 1 per equity share for FY 2025-26, pending shareholder approval at the AGM. Record date and AGM details will be announced later. This offers a direct return to shareholders. Separately, its subsidiary Neogen Ionics' Dahej and Pakhajan projects see revised timelines to Feb/Mar 2027 and a higher projected cost of 1,795 Cr due to design optimization and localization efforts. This impacts future growth prospects.