Neogen Chemicals Schedules Board Meeting on March 7, 2026 for Preferential Issue of Equity Shares
Published on: March 4, 2026, 8:25 p.m. | Source: scanx.trade
Neogen Chemicals Limited has scheduled a board meeting for March 7, 2026, to consider and approve a preferential issue of equity shares for fund raising purposes. The proposal will be structured in one or more tranches, with pricing and terms determined according to SEBI ICDR Regulations 2018 and Companies Act, 2013. The initiative requires shareholder approval through general meeting or postal ballot, along with necessary regulatory permissions. The company has implemented trading window restrictions for designated persons effective immediately until 48 hours post-meeting conclusion, ensuring compliance with insider trading regulations.
