Neogen Chemicals Limited has informed the Exchange about disclosure received under regulation 29(2) of SEBI (SAST) Regulations, 2011.
NEOGEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mr. Haridas Thakarshi Kanani, Promoter of Neogen Chemicals Limited, has transferred 61,53,887 equity shares (23.33% of the paid-up equity share capital) from his joint demat account held with Mrs. Beena Haridas Kanani (a Promoter Group member and his wife) to his individual/single demat account. The transaction was carried out as an off-market inter-se transfer on April 11, 2025, and the disclosure was filed on April 15, 2025. The company's total paid-up equity capital remains Rs. 26.38 crore, comprising 2,63,81,674 shares of face value Rs. 10 each. Importantly, the aggregate shareholding of the Promoter and Promoter Group category remains unchanged before and after this transfer.
This is purely an internal reorganisation of the promoter's holdings between demat accounts within the promoter family. Since it is an inter-se transfer, there is no change in the overall promoter group stake, and therefore no material impact on the stock price or minority shareholders.