Neogen Chemicals promoter pledges 13.19 lakh shares
Promoter Dr. Harin Kanani pledged 13,19,083 equity shares of Neogen Chemicals on March 30, 2026. The disclosure confirms no other encumbrances were created during FY26. The filing was submitted under Regulation 31(4) of SEBI Takeover Regulations.

*this image is generated using AI for illustrative purposes only.
Promoter Dr. Harin Kanani has pledged 13,19,083 equity shares of Neogen Chemicals as of March 30, 2026. The disclosure confirms this was the sole instance of encumbrance creation by the promoter group during the financial year ended March 31, 2026.
Haridas Thakarshi Kanani, a promoter of Neogen Chemicals, submitted the declaration to the stock exchanges under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing explicitly states that apart from the pledge by Dr. Harin Kanani, there was no creation, invocation, or release of encumbrance on any shares held by the promoter or persons acting in concert during FY26.
The disclosure was addressed to BSE Limited and National Stock Exchange of India Limited. Copies of the submission were forwarded to the Audit Committee and Unnati Kanani, the Company Secretary and Compliance Officer of Neogen Chemicals.
Key Disclosure Details
| Particulars | Details |
|---|---|
| Promoter Name | Dr. Harin Kanani |
| Shares Pledged | 13,19,083 equity shares |
| Date of Pledge | March 30, 2026 |
| Regulation | SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 |
| Financial Year | Ended March 31, 2026 |
Historical Stock Returns for Neogen Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.22% | -3.30% | +15.90% | +78.31% | +19.77% | +137.87% |
What specific purpose will the funds raised from this pledge be utilized for?
How might this increase in pledged shares impact the promoter's voting rights or control if market volatility triggers a margin call?
Does this pledge signal a need for liquidity within the promoter group for personal investments or other corporate ventures?


































