Shareholding5 Jun 2026, 04:01 pm
Axis MF Sells 1.46% Stake in Neogen Chemicals
AI Summary
Axis Mutual Fund, managed by Axis AMC, has disposed of 1.46% of its equity shares in Neogen Chemicals Limited. This sale reduces Axis MF's total holding in the company to 4.04%. The transaction, which occurred on June 02, 2026, represents a disposal of over 2% of the equity share capital since the last reporting under SEBI's SAST Regulations, 2011. The sale was conducted as part of ordinary course portfolio investments.
Key Highlights
- Axis MF sold 1.46% stake in Neogen Chemicals.
- Post-sale holding reduced to 4.04%.
- Disposal exceeds 2% threshold under SEBI SAST Regulations.
- Transaction occurred on June 02, 2026.
- Sale was part of routine portfolio management.
Price Impact
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