Neogen Chemicals Ltd (NEOGEN) — Board Meeting | 16 September 2026(2 announcements)

· BSE 🟡 Notable Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
1 Board Meeting 🟡 Notable Neutral 📄 PDF
📢 Key Event
QIP closed with allotment of 2,660,753 shares at ₹2,255 per share
🔄 What Changed
Allotment of 2,660,753 shares at ₹2,255 per share
💡 Investor Takeaway
The capital raise may dilute existing shareholders but funds expansion plans.

Neogen Chemicals announced the closure of its qualified institutional placement (QIP) on September 16, 2026, allotting 2,660,753 equity shares at ₹2,255 per share, including a ₹2,245 premium, following board and shareholder approvals. The issue opened on September 10, 2026, and the placement document has been filed with exchanges.

2 Board Meeting 🟡 Notable Neutral 📄 PDF
📢 Key Event
QIP closed with allotment of 2,660,753 shares at ₹2,255 per share.
🔄 What Changed
Approved final allocation and closure of QIP issue period.
💡 Investor Takeaway
The capital raise finalizes funding plans but increases share count, potentially diluting existing shareholders.

Neogen Chemicals announced the closure of its qualified institutional placement (QIP) on September 16, 2026, allotting 2,660,753 equity shares at ₹2,255 each, including a ₹2,245 premium, following board and shareholder approvals. The issue opened on September 10, 2026, and the placement document has been filed with exchanges.

About Neogen Chemicals Ltd (NEOGEN)

Chemicals · Chemicals · Listed on BSE

Market Cap: ₹6,303.12 Cr P/E: 173.2 ROE: 4.4% ROCE: 6.2% Div Yield: 0.04%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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