Neogen Chemicals (NEOGEN) — Board Meeting

1 Board Meeting 🟡 Notable Neutral 📄 PDF

📢 Key Event
Approved QIP issue of 2,660,753 shares at ₹2,255 per share

🔄 What Changed
Paid-up capital increased from ₹27,38,16,740 to ₹30,04,24,270

💡 Investor Takeaway
The capital raise will dilute existing shareholders' ownership.

Neogen Chemicals raised ₹5,99,99,98,015 by issuing 2,660,753 shares at ₹2,255 each through a qualified institutional placement, increasing paid-up capital to ₹30,04,24,270. The issue closed on September 16, 2026 after opening on September 10, 2026, with allotment approved by the Fund-Raising Committee on September 16, 2026.

2 Board Meeting 🟡 Notable Neutral 📄 PDF

📢 Key Event
Fund-Raising Committee approved QIP allotment of 2,660,753 shares at ₹2,255 per share.

🔄 What Changed
Paid-up capital increased from ₹27,38,16,740 to ₹30,04,24,270; share count rose from 2,73,81,674 to 3,00,42,427.

💡 Investor Takeaway
The capital raise will dilute existing shareholders' ownership.

Neogen Chemicals raised ₹5,99,99,98,015 by issuing 2,660,753 shares at ₹2,255 each to qualified institutional buyers, increasing paid-up capital to ₹30,04,24,270. The issue closed on September 16, 2026 after opening on September 10, 2026.

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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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