NEOGEN CHEMICALS : RAISED RS 600 CR FUNDS FROM QIB @ ₹2,255/SHARE

• Allotment of ~26.61 lakh equity shares to qualified institutional buyers • Funds to be used for repayment/pre-payment of borrowings, working capital and general corporate purposes • Issue oversubscribed by 6.5x, attracting domestic and global institutional investors • Issue price of ₹2,255 per equity share, above the floor price of ₹2,189.73

Neogen Chemicals Ltd

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