Neogen Chemicals Limited has scheduled its 37th Annual General Meeting (AGM) for Friday, August 21, 2026, at 5:00 p.m. IST, to be conducted via video conferencing and Other Audio-Visual Means (OAVM). The meeting is critical for shareholders as it includes voting on a special resolution to raise up to ₹600 crore through a Qualified Institutional Placement (QIP), alongside the approval of the final dividend for FY25-26. Investors must hold shares as of the record date, Thursday, August 13, 2026, to be eligible for both the dividend payout and voting rights.

The Register of Members and Share Transfer Register will remain closed from Friday, August 14, 2026, to Friday, August 21, 2026. This closure period prevents share transfers during the eligibility determination phase. The company’s Board of Directors has recommended a final dividend of Re 1 per equity share of ₹10 face value. Shareholders are advised to update their bank details immediately to ensure electronic dividend receipt; those without updated details will receive physical warrants. Additionally, residents must submit tax exemption declarations under the Income Tax Act by August 13, 2026, if their expected dividend exceeds ₹10,000 in FY26-27, to avoid Tax Deduction at Source (TDS).

E-Voting and Participation Details

The company has appointed MUGF Intime India Private Limited (formerly Link Intime India Private Limited) as its Registrar and Transfer Agent (RTA). Remote e-voting will commence on Tuesday, August 18, 2026, at 9:00 a.m. IST and conclude on Thursday, August 20, 2026, at 5:00 p.m. IST. Once a vote is cast remotely, it cannot be changed. During the AGM on August 21, members who have not voted remotely can cast their votes electronically within 30 minutes of the meeting's conclusion.

Shareholders wishing to speak at the meeting must register as speakers by emailing investor@neogenchem.com from their registered email ID by 5:00 p.m. on Thursday, August 20, 2026. Technical support for the Instameet login and e-voting platform is available via instameet@in.mpms.mufg.com or by calling 022-4918 6000 / 4918 6175.

Capital Raise and Governance Resolutions

The proposed QIP aims to raise funds for capital expenditure, debt repayment, business expansion, and general corporate purposes. Under SEBI ICDR Regulations, at least 10% of eligible securities must be allotted to Mutual Funds, and no single allottee can hold more than 50% of the issue size. The Board retains authority to determine pricing and timing, subject to regulatory approvals.

Other key resolutions include the re-appointment of Dr. Harin Kanani as Managing Director and the ratification of remuneration for Kishore Bhatia & Associates as Cost Auditors for FY26-27 at ₹4,75,000 plus taxes. Mr. Devendra Deshpande of DVD & Associates has been appointed as the Scrutinizer to ensure a fair and transparent e-voting process. The Integrated Annual Report and AGM Notice are available on the company’s website and stock exchange portals.

Neogen Chemicals Limited submitted its Business Responsibility and Sustainability Report (BRSR) for FY25-26 to the National Stock Exchange of India Limited (NSE) and BSE Limited on July 30, 2026, highlighting significant reductions in carbon footprint and progress on inclusive sourcing targets. The filing, made in accordance with Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reveals that Scope 2 emissions dropped by 58.08% year-on-year, while Scope 1 emissions decreased by 8.83%. These environmental gains coincide with the company achieving its commitment to source 25% of total input materials from Micro, Small and Medium Enterprises (MSMEs), up from 18% in FY24-25.

The sustainability disclosures were independently verified by Bureau Veritas (India) Private Limited, which issued a reasonable assurance report on nine core BRSR indicators. The assurance scope covered physical site visits at Karakhadi and Dahej manufacturing facilities, alongside virtual audits of Patancheru, Mahape sites, and the Thane headquarters. Bureau Veritas confirmed that the company’s systems for collecting and aggregating quantitative data on key metrics—including greenhouse gas footprint, water usage, energy consumption, and waste management—were robust and free from material misstatement.

Environmental Performance

Neogen Chemicals demonstrated measurable progress in decarbonization during the reporting period. The reduction in Scope 2 emissions was driven by enhanced energy efficiency measures and increased procurement of renewable electricity. Scope 1 emissions also declined, falling from 11,420.20 metric tonnes in FY24-25 to 10,411.62 metric tonnes in FY25-26.

The company has set a long-term target to reduce Scope 2 emissions by 75% by 2030. To support this goal, Neogen continues to invest in solar infrastructure, including panels installed at its Karakhadi plant, and is exploring Carbon Capture, Utilization, and Storage (CCUS) technologies. Additionally, the Dahej SEZ plant operates a Zero Liquid Discharge (ZLD) system, processing 100% of wastewater for recycling, thereby minimizing freshwater consumption.

Social and Governance Metrics

On the social front, Neogen Chemicals achieved its local economic development objective by increasing MSME procurement to 25% of total inputs. The company aims to raise this figure to approximately 35% by FY26-27. Workforce diversity remains a focus area, with women constituting 13% of the Board of Directors and 50% of Key Management Personnel. However, female representation among permanent employees stands at 5%, prompting a goal to increase this to 10% by FY29-30.

Safety performance remained strong, with the company reporting zero loss-time injury frequency data during FY25-26. All manufacturing sites hold ISO 45001:2018 certification for occupational health and safety. The company also emphasized ethical governance, reporting no disciplinary actions or conflict-of-interest complaints involving directors or employees. While no material fines were imposed under SEBI regulations, the company disclosed several regulatory penalties related to customs, GST, and pollution control, all of which were either paid or appealed as per statutory timelines.

What the Numbers Show

The disproportionate decline in Scope 2 emissions compared to Scope 1 suggests that Neogen’s recent sustainability investments have been more effective in optimizing purchased energy than in reducing direct process emissions. With Scope 2 dropping nearly 60% while Scope 1 fell less than 9%, the data indicates that renewable energy procurement and efficiency upgrades in power consumption are the primary drivers of the company’s current carbon reduction strategy. This divergence highlights where future operational improvements may need to focus to meet the 2030 targets.