Shareholding20 Aug 2026, 10:46 am
SBI Mutual Fund Sells 0.77% Stake in Neogen Chemicals
AI Summary
SBI Mutual Fund, through its various schemes, has reduced its shareholding in Neogen Chemicals Ltd by 0.7740%, selling 2,11,931 shares. This transaction brings their total holding down to 6.0280% of the company's paid-up share capital. The sale occurred on August 18, 2026, via market sale, with the total value of the transaction amounting to Rs. 27,38,16,740. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- SBI Mutual Fund reduced its stake in Neogen Chemicals by 0.7740%.
- Total shares sold by SBI Mutual Fund amount to 2,11,931.
- Post-sale, SBI Mutual Fund holds 6.0280% of Neogen Chemicals.
- The transaction was executed via market sale on August 18, 2026.
- Disclosure filed under SEBI (SAST) Regulations, 2011.
Price Impact
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