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An update from Neogen Chemicals Ltd. ( (IN:NEOGEN) ) is now available.
Neogen Chemicals Ltd. announced an inter-se transfer of shares among its promoters, specifically involving the acquisition of 13,38,250 equity shares by Dr. Harin Haridas Kanani, the Promoter and Managing Director, from Mr. Haridas Thakarshi Kanani. This transaction, which constitutes 5.07% of the company’s paid-up equity capital, is exempt under SEBI regulations, as it is a transfer among immediate relatives within the promoter group. Importantly, the aggregate holding of the promoter group remains unchanged, ensuring stability in the company’s ownership structure.
More about Neogen Chemicals Ltd.
Neogen Chemicals Ltd. operates in the chemical industry, specializing in the production of specialty chemicals, including bromine and lithium-based compounds. The company focuses on catering to various sectors such as pharmaceuticals, agrochemicals, and engineering.
YTD Price Performance: -31.17%
Average Trading Volume: 3,473
Current Market Cap: 40.15B INR
Learn more about NEOGEN stock on TipRanks’ Stock Analysis page.