NEOGENNSENeogen Chemicals LimitedHighPositive
Announced Sat, 17 May · 22:04 IST

Neogen Chemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 17, 2025, recommended Final Dividend of Re. 1 per equity share.

Corporate Actions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Neogen Chemicals Limited has announced that its Board of Directors, at a meeting held on May 17, 2025, recommended a Final Dividend of Re. 1 per equity share for shareholders. The dividend is subject to approval by shareholders at the upcoming Annual General Meeting. The record date and book closure dates would typically be communicated separately by the company.

Likely market impact

This is a modest final dividend announcement. Shareholders may receive a small income payout, but Re. 1 per share is a relatively small amount. Investors should check the company's share price to estimate the dividend yield. This is a routine corporate action and is unlikely to cause significant movement in the stock price on its own.