Neogen Chemicals Ltd Announces Inter-se Transfer of Shares Amongst Promoter and Promoter Group

Neogen Chemicals Ltd has disclosed information regarding inter-se transfers of shares amongst Promoter and Promoter Group. The transfer falls under the exemption of Regulation 10(1)(a)(i) and (ii) of SAST Regulations. The aggregate holding of the Promoter and Promoter group category before and after the above referred inter-se transaction remains the same. The transaction involves the proposed acquisition of 13,38,250 equity shares (constituting 5.07% of the paid up equity capital of the Company) of Neogen Chemicals Limited held by Mr. Haridas Thakarshi Kanani, Promoter Chairman & Managing Director, by way of gift. The transaction is exempted under Regulation 10 (1)(a) (ii) of the SEBI (SAST) Regulations, 2011.