AGM Details
- Meeting Date: Friday, August 21, 2026, at 5:00 PM IST
- Mode: Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
- Cut-off/Record Date: Thursday, August 13, 2026 (for determining eligibility to vote and receive dividend)
- Book Closure: Friday, August 14, 2026 to Friday, August 21, 2026 (both days inclusive)
Ordinary Business
1. Adoption of Financial Statements: To receive, consider, and adopt:
- Audited Standalone Financial Statements for FY 2025-26 with Reports of Board of Directors and Auditors
- Audited Consolidated Financial Statements for FY 2025-26 with Report of Auditors
2. Dividend Declaration: To declare a final dividend of ₹1 per fully paid-up equity share of face value ₹10 each for FY 2025-26. The dividend will be paid out of profits to members whose names appear in the Register of Members as on August 13, 2026.
3. Director Re-appointment: To re-appoint Dr. Harin Kanani (DIN: 05136947) as Managing Director, who retires by rotation and is eligible for re-appointment.
Special Business
4. Fundraising Authorization: Special resolution to authorize issuance of securities up to ₹600 crore through permissible modes including:
- Qualified Institutions Placement (QIP) under Chapter VI of SEBI ICDR Regulations
- Other equity shares, convertible securities, or equity-based instruments
- Funds to be used for growth expansion, capex, working capital, debt repayment, subsidiary investments, and general corporate purposes (not exceeding 25% for general corporate purposes)
- Pricing to be determined as per SEBI ICDR regulations with possible discount up to 5% on floor price
- Allotment to be completed within 365 days from resolution passing
- Securities to rank pari passu with existing equity shares
5. Cost Auditor Remuneration Ratification: Ordinary resolution to ratify remuneration of ₹4,75,000 plus applicable taxes to Kishore Bhatia & Associates (FRN-00294) as Cost Auditors for FY 2026-27.
E-Voting Details
- Remote E-voting Period: August 18, 2026 (9:00 AM) to August 20, 2026 (5:00 PM)
- E-voting During AGM: August 21, 2026 (5:00 PM) until 30 minutes after meeting conclusion
- E-voting Platforms: NSDL, CDSL, and InstaVote platforms
- E-voting Event Number (EVEN): 260459
- Scrutinizer: Devendra Deshpande of DVD & Associates, Company Secretaries, Pune
Dividend Taxation Details
The notice provides comprehensive guidance on TDS applicability for both resident and non-resident shareholders:
- Resident Individuals: 10% TDS if PAN available; 20% if PAN not available/valid
- Resident Non-Individuals: Various exemption categories with specific documentation requirements
- Non-Resident Shareholders: 20% TDS plus applicable surcharge and cess, with DTAA benefits available upon submission of required documents
- Document Submission Deadline: August 13, 2026 by 5:00 PM
Important Instructions
- Members must update KYC details, bank account information, and PAN with depository participants/registrar
- Dividend payment will be electronic for those with registered bank details
- Physical shareholders must ensure PAN, contact details, and bank details are registered with RTA
- Unclaimed dividends for FY 2018-19 must be claimed by October 25, 2026
Document Availability
The Integrated Annual Report and AGM notice are available on:
- Company website: https://neogenchem.com/wp-content/uploads/Neogen-ChemicalsAR26Final.pdf
- RTA website: https://instavote.linkintime.co.in/
- Stock exchange websites: BSE and NSE