StockWatch
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Specialty Chemicals
Shareholding20 Aug 2026, 03:46 pm

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 Limited by 2%. The fund sold 2,11,931 shares, representing 0.7740% of the paid-up capital, on August 18, 2026. Following this transaction, SBI Mutual Fund's total holding in Neogen Chemicals stands at 6.0280%, equating to 16,50,555 shares. This disclosure was made by SBI Funds Management Limited on August 19, 2026, in compliance with SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • SBI Mutual Fund reduced its stake in Neogen Chemicals by 2%.
  • 0.7740% of paid-up capital (2,11,931 shares) were sold.
  • Final holding reduced to 6.0280% (16,50,555 shares).
  • Transaction occurred on August 18, 2026.
  • Disclosure filed under SEBI SAST Regulations.