Neogen Chemicals Allots ₹600 Cr Equity Shares via QIP

Neogen Chemicals Limited's Fund-Raising Committee has approved the allotment of 26,60,753 equity shares at ₹2,255 per share through a Qualified Institutional Placement (QIP). This issuance, which opened on September 10, 2026, and closed on September 16, 2026, aggregates to ₹5,99,99,98,015. The allotment increases the company's paid-up equity share capital to ₹30,04,24,270, comprising 3,00,42,427 equity shares. The newly allotted shares will be listed on BSE and NSE and will rank pari passu with existing shares.