Neogen Chemicals Limited has informed the Exchange that Record date for the purpose of Dividend is 19-Sep-2025.
NEOGEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Neogen Chemicals' board, at its August 2, 2025 meeting, approved Q1 FY26 (quarter ended June 30, 2025) standalone revenue of Rs. 184.58 Cr (up from Rs. 176.34 Cr YoY on a restated basis) and profit after tax of Rs. 14.23 Cr versus Rs. 13.94 Cr last year. Consolidated revenue stood at Rs. 186.73 Cr with PAT of Rs. 10.26 Cr. The board set September 19, 2025 as the record date for the FY25 final dividend, with the 36th AGM scheduled for September 26, 2025. Founder-Chairman & MD Mr. Haridas Kanani will retire on September 30, 2025 and be conferred the honorary title of Chairman Emeritus; Dr. Harin Kanani continues as MD, while Mr. Anurag Surana will become non-executive Chairman. The board also approved an additional Rs. 125 Cr corporate guarantee for wholly owned subsidiary Neogen Ionics Limited, re-appointed Mr. Shyamsunder Upadhyay as Whole Time Director, and recommended Mr. Saikrishnan as Executive Director. Note: a March 2025 fire at the Dahej SEZ plant caused Rs. 348.16 Cr (standalone) in losses, partly offset by an insurance claim of Rs. 334.60 Cr, with Rs. 80 Cr already received and Rs. 254 Cr net still receivable.
Shareholders holding shares as of September 19, 2025 will be eligible for the FY25 final dividend if approved at the AGM. The leadership transition from founder Haridas Kanani to Anurag Surana as Chairman (with Haridas Kanani retained as Chairman Emeritus) signals continuity, but investors will watch the Dahej plant recovery and insurance recoveries as key swing factors for near-term earnings. The Rs. 125 Cr guarantee for Neogen Ionics is a contingent liability but supports subsidiary growth.