Neogen Chemicals: Promoter Haridas Thakarshi Kanani Gifts 21.90% Stake to Family Trusts
Neogen Chemicals Limited has announced an inter-se transfer of 57,78,500 equity shares, representing 21.90% of the company's paid-up equity share capital, from Promoter Haridas Thakarshi Kanani to Har...
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 is an inter-se transfer of shares within the promoter group via gift, with no change in the overall promoter holding. therefore, it has a neutral impact on the company's fundamentals.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
Neogen Chemicals: Promoter Haridas Thakarshi Kanani Gifts 21.90% Stake to Family Trusts
January 2, 2026, 08:32 AM
Top Queries to Ask About Neogen Chemicals Limited
More Details on This News
Neogen Chemicals Limited has announced an inter-se transfer of 57,78,500 equity shares, representing 21.90% of the company's paid-up equity share capital, from Promoter Haridas Thakarshi Kanani to Haridas Kanani Family Trust and H T Kanani Family Trust. This transaction was executed as a gift through an off-market transfer on December 31, 2025.
The disclosure was made pursuant to Regulation 29(2) and 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The aggregate holding of the Promoter and Promoter group category remains unchanged before and after this transaction.
This transfer is in accordance with an exemption granted by SEBI under Regulation 11(5) of the SAST Regulations, as detailed in SEBI's exemption order no. WTM/KCV/CFD/17/2025-26 dated December 30, 2025. 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.
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
