Neogen Chemicals is planning to raise funds by issue of equity shares and/or other equity linked securities, through permissible mode(s) including but not limited to a private placement, preferential issue, qualified institutions placement, foreign currency convertible bonds, further public offer, etc., or any combination thereof, subject to shareholders’ approval and such regulatory and other approvals as may be required. The Board of Directors of the Company in its meeting scheduled to be held on August 5, 2023, inter alia, may also consider, evaluate and approve the same.
Neogen Chemicals is one of India’s leading manufacturers of bromine-based, and lithium-based, specialty chemicals.