Axis Trustee Services Limited has disclosed the creation of an encumbrance on 20,19,167 equity shares of Neogen Chemicals Limited. The pledge represents 7.65% of the company’s total voting capital. This filing serves to clarify that the trustee does not hold any beneficial interest in these shares and acts solely in its capacity as a Debenture Trustee. The transaction was officially recorded on April 13, 2026.
Encumbrance Details
Axis Trustee Services Limited (ATSL) has filed a disclosure confirming the creation of a pledge over 20,19,167 equity shares of Neogen Chemicals Limited. As of the transaction date of April 13, 2026, this encumbrance accounts for 7.65% of the total equity share capital of the company. The company’s total voting capital stands at 2,63,81,674 shares, based on data from the quarter ended December 2025.
Nature of the Arrangement
It has been clarified that Axis Trustee Services Limited acts strictly in its capacity as a Debenture Trustee. The organization does not hold any beneficial interest in the underlying pledged shares. The pledge of these securities is a formal requirement maintained to support the underlying debenture structure.
Impact on Shareholding
The total volume of 20,19,167 shares remains held as an encumbrance. This transaction does not involve any transfer of voting rights, and the pledgee maintains no direct interest in the daily operations or management of Neogen Chemicals Limited. All figures regarding the company’s capital base remain consistent with the shareholding pattern published on the stock exchange for the quarter ending December 2025.
Source: BSE
