Neogen Chemicals Share Pledge
Neogen Chemicals Ltd's MD, Dr. Harin Kanani, has pledged 33,38,250 equity shares with Axis Trustee Services Limited. This pledge creates an encumbrance on promoter holdings.
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Neogen Chemicals Ltd's MD, Dr. Harin Kanani, has pledged 33,38,250 equity shares with Axis Trustee Services Limited. This pledge creates an encumbrance on promoter holdings.
Dr. Harin Haridas Kanani, a promoter of Neogen Chemicals Limited, created a pledge on 13,19,083 equity shares (5% of paid-up capital) in favour of Axis Trustee Services Limited. The pledge facilitates fund raising by promoter group member Cadamba Solutions Private Limited from Avendus Structured Credit Fund III.
Dr. Harin Haridas Kanani, promoter of Neogen Chemicals Limited, created a pledge on 20,19,167 equity shares (7.65% of paid-up capital) in favour of Axis Trustee Services Limited. The pledge facilitates fundraising for Cadamba Solutions Private Limited, a promoter group member, from Avendus Structured Credit Fund III.
Dr. Harin Haridas Kanani, a promoter of Neogen Chemicals Limited, pledged 20,19,167 equity shares (7.65% stake) on April 13, 2026. The pledge was created in favour of Axis Trustee Services Limited to facilitate fund raising for Cadamba Solutions Private Limited, a promoter group member.
Axis Trustee Services Limited, acting as a Debenture Trustee, has received a pledge of 20,19,167 equity shares (7.65% stake) in Neogen Chemicals Limited. The transaction was executed on April 13, 2026, in its capacity as a pledgee. The trustee clarifies it holds no beneficial interest in the shares.