Neogen Chemicals Promoter Group Transfers 21.90% Stake to Family Trusts
Neogen Chemicals Limited has disclosed an inter-se transfer of 57,78,500 equity shares, representing 21.90% of the company's paid-up equity share capital, through a gift via an off-market transaction....
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Why is Neogen Chemicals Limited in the news today?
Neogen Chemicals Limited (NEOGEN) is in the news due to the transaction involves an inter-se transfer of shares within the promoter group via gift, with no change in the overall promoter/promoter group shareholding. this is a regulatory disclosure and does not represent a new acquisition or sale that would significantly impact the company's financials or operations.
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Neogen Chemicals Promoter Group Transfers 21.90% Stake to Family Trusts
January 2, 2026, 08:40 AM
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More Details on This News
Neogen Chemicals Limited has disclosed an inter-se transfer of 57,78,500 equity shares, representing 21.90% of the company's paid-up equity share capital, through a gift via an off-market transaction. Haridas Thakarshi Kanani, a promoter, transferred 52,76,500 shares (20%) to Haridas Kanani Family Trust and 5,02,000 shares (1.90%) to H T Kanani Family Trust.
This transfer, executed on December 31, 2025, was made pursuant to an exemption granted by SEBI under Regulation 11(5) of the SAST Regulations, as per exemption order number WTM/KCV/CFD/17/2025-26 dated December 30, 2025. The aggregate holding of the Promoter and Promoter group category remains unchanged before and after these transactions.
Following the acquisition, Haridas Kanani Family Trust will be classified as a promoter shareholder, and H T Kanani Family Trust as a promoter group shareholder of Neogen Chemicals Limited.
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