Corporate News
Neogen Chemicals secures Rs 599.9998 crore via Qualified Institutional Placement to QIBs As on : 17-Sep-26  01:07

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).