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Neogen Chemicals Limited announced the completion of a qualified institutional placement (QIP) of 26,60,753 equity shares to eligible institutional buyers at a price of Rs 2,255 per share, raising Rs 599.9998 crore. The company`s paid-up equity share capital increased from Rs 27.38 crore to Rs 30.04 crore as a result of the allotment. A list of allottees holding more than 5% of the shares is included in an annexure, and further details are available on the company`s website.

Neogen Chemicals Limited announced that its Fund-Raising Committee approved the allotment of 26,60,753 equity shares to eligible Qualified Institutional Buyers (QIBs) at a price of Rs 2,255 per share, raising Rs 599.9998 crore. The company`s paid-up equity share capital increased from Rs 27.38 crore to Rs 30.04 crore as a result of the Qualified Institutional Placement (QIP).

Neogen Chemicals announced that the 37th Annual General Meeting(AGM) of the company will be held on 21 August 2026.

Net profit of Neogen Chemicals rose 66.76% to Rs 17.11 crore in the quarter ended June 2026 as against Rs 10.26 crore during the previous quarter ended June 2025. Sales rose 34.04% to Rs 250.29 crore in the quarter ended June 2026 as against Rs 186.73 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales250.29186.73 34 OPM %19.2716.87 - PBDT31.4820.07 57 PBT23.2814.29 63 NP17.1110.26 67 Powered by Capital Market - Live News

The board of Neogen Chemicals at its meeting held on 24 July 2026 has approved raising of funds upto Rs. 600 crores in Indian/ foreign currency by way of issue of any instrument or security(ies) including equity shares, or any other eligible securities or any combination thereof, in one or more tranche, including by way of a qualified institutional placements (QIP).