Promoter Increases Equity Stake in Neochem Bio Solutions Limited Through Market Purchase
Neochem Bio Solutions Limited has seen a dedicated promoter increase their stake in the company following a recent acquisition of equity shares on the market. The purchase activity resulted in the promoter's holding rising slightly above 54%.The transaction involved Swapnil Ramesh Bhai Makati, identified as a Promoter, who purchased equity shares of Neochem Bio Solutions Limited on the NSE. The procurement took place on July 24, 2026, through an on-market trade.
Prior to the acquisition, the promoter held 93,46,475 equity shares, representing 54.59% of the company's securities. Through the purchase transaction, the holding increased by 6,000 shares. Consequently, Swapnil Ramesh Bhai Makati's post-acquisition holding now stands at 93,52,475 equity shares, amounting to 54.63%.
The details of the change in securities holding are summarized below:
| Category of Person | Securities Held Prior to Acquisition/Disposal (No. and %) | Securities Acquired/Disposed | Securities Held Post Acquisition/Disposal (No. and %) |
|---|---|---|---|
| Promoter (Swapnil Ramesh Bhai Makati) | 93,46,475 shares (54.59%) | 6,000 shares | 93,52,475 shares (54.63%) |
The purchase was executed on the National Stock Exchange (NSE). The transaction underscores the promoter's continued commitment to the growth of Neochem Bio Solutions Limited.
NEOCHEM Stock Price Movement
Shares of Neochem Bio Solutions Limited on Friday slipped by 4.38% to close at ₹85.20, amid selling pressure that eroded its previous closing level of ₹89.10. The stock registered a volume of 25,200 shares as it settled near the day’s low of ₹85.00 after trading in the specialty chemicals sector.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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