Neogen Chemicals: Promoter Haridas Kanani Gifts 57.78 Lakh Shares to Family Trusts
Neogen Chemicals Limited announced that Haridas Thakarshi Kanani, Promoter and Chairman Emeritus, has gifted 57,78,500 equity shares, representing 21.90% of the company's paid-up capital, to Haridas K...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Neogen Chemicals Limited in the news today?
Neogen Chemicals Limited (NEOGEN) is in the news due to the transaction involves a gift of shares between related entities (promoter to family trusts), which is a common practice and does not inherently indicate a positive or negative change in the company's fundamentals or outlook. it's a disclosure of a change in shareholding structure within the promoter group.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Neogen Chemicals: Promoter Haridas Kanani Gifts 57.78 Lakh Shares to Family Trusts
January 2, 2026, 08:38 AM
Top Queries to Ask About Neogen Chemicals Limited
More Details on This News
Neogen Chemicals Limited announced that Haridas Thakarshi Kanani, Promoter and Chairman Emeritus, has gifted 57,78,500 equity shares, representing 21.90% of the company's paid-up capital, to Haridas Kanani Family Trust and H T Kanani Family Trust. This transaction was conducted via an off-market gift on December 31, 2025.
Following this gift, Haridas Kanani's direct shareholding has reduced, while the family trusts have acquired these shares. The Haridas Kanani Family Trust acquired 52,76,500 equity shares, and the H T Kanani Family Trust acquired 5,02,000 equity shares. These acquisitions are classified as promoter group shareholdings post-acquisition, following a SEBI Exemption Order dated December 30, 2025.
The disclosure was made pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015, with the disclosures submitted by the company on January 2, 2026, well within the prescribed time limits. The closing price of Neogen Chemicals on NSE as of December 30, 2025, was ₹1,163.20.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap
