Neogen Chemicals Ltd board approves capex of upto Rs. 150 crores at Dahej SEZ Plant

The Board of Directors of Neogen Chemicals Limited had at its meeting held on Saturday, May 14, 2022, considered and approved an estimated capex of upto Rs. 150 crores at Dahej SEZ Plant.

- Increasing manufacturing capacity of specialty organic chemicals
- Increasing the capacity for manufacturing of inorganic salts
- Setting up capacity for manufacturing Specialty Lithium Salts for Electrolyte used in Lithium-Ion batteries advance chemistry cells
- Dahej site development.

Shares of Neogen Chemicals Limited was last trading in BSE at Rs. 1404.40 as compared to the previous close of Rs. 1496.30. The total number of shares traded during the day was 29046 in over 4803 trades.

The stock hit an intraday high of Rs. 1488.50 and intraday low of 1367.20. The net turnover during the day was Rs. 40886278.00.

Source : Equity Bulls

Keywords

NeogenChemicals INE136S01016 Capex DahejSEZPlant ExpansionProject OrganicChemicals InorganicSalts