Neogen Chemicals Limited has informed the Exchange about General Updates - Disclosure under regulation 7(2) of SEBI PIT Regulations

NEOGEN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+10.9%1-day move

₹1496.90

prior close

₹1501.70

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+2.3+2.7+2.9+3.4+10.9+10.2+9.6+10.5+11.2+8.9+13.4+12.9+27.9+44.8

Up moveDown movePending

AI summary

Cadamba Solutions Private Limited, a promoter group member of Neogen Chemicals Limited, acquired 10 lakh equity shares at Rs. 1,610 per share (face value Rs. 10 + premium Rs. 1,600) totaling Rs. 161 crores. The acquisition was done via preferential allotment on April 18, 2026. This represents 3.79% of pre-allotment and 3.65% of post-allotment paid-up equity capital of the company. The disclosure was filed within the prescribed time limit as per SEBI PIT Regulations.

Likely market impact

A significant insider purchase by a promoter group entity signals strong promoter confidence in the company's future prospects. Such preferential allotments typically provide price support and are viewed positively by investors.