StockWatch
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Specialty Chemicals
Insider Trading29 Aug 2026, 07:20 pm

Neogen Chemicals: Relative Sells 354 Shares via Gift

AI Summary

Neogen Chemicals Ltd has disclosed a transaction under SEBI PIT Regulations where Mrs. Heena Hitesh Reshamwala, an immediate relative of Mr. Hitesh Reshamwala, gifted 354 equity shares to Mr. Viren Reshamwala, a relative. The transaction, valued at approximately ₹8,24,000 based on the closing price of ₹2,328.50 on August 18, 2026, was an off-market gift. The disclosure confirms compliance with insider trading regulations, with necessary undertakings and approvals obtained within the prescribed timelines. The shares represent 0.001% of the company's paid-up capital.

Key Highlights

  • Immediate relative gifted 354 shares to another relative.
  • Transaction executed as an off-market gift.
  • Disclosure made as per SEBI PIT Regulations.
  • Transaction value approx. ₹8.24 Lakhs.
  • Represents 0.001% of paid-up capital.