Neogen Chemicals Ltd - 542665 - Incorporation Of A Wholly Owned Subsidiary.
With regards to the captioned subject and in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 (Listing Regulations), we wish to inform you that the Board of Directors of Neogen Chemicals Limited ('the Company') at its meeting held today i.e. Saturday, February 11, 2023 which commenced at 3.00 p.m. (IST) and concluded at 9.15 p.m. (IST), inter alia, considered and approved the incorporation of Wholly Owned Subsidiary ('WOS') with the name as may be approved by Registrar of Companies, Mumbai, Maharashtra with the main object to address growth opportunities in energy storage such as Lithium- Ion Battery material space and other future energy storage chemistries. The other details shall be intimated to the stock exchanges after the incorporation of the WOS.11-02-2023