Neogen Chemicals Limited
Sundaram Mutual Fund, last seen with a 1.28 percent stake in Neogen Chemicals Limited, has dropped off the company's disclosed shareholder list, indicating either a complete exit or a reduction to below the 1 percent reporting threshold.
A manufacturer of bromine and lithium-based organic and organo-metallic compounds, Neogen Chemicals serves the pharmaceutical, agricultural chemicals, and engineering industries. Incorporated in 1991, the company specializes in producing specialized chemical intermediates and active pharmaceutical ingredients through vertically integrated manufacturing operations. Its diversified product portfolio addresses multiple industrial applications across pharmaceutical formulations, crop protection solutions, and specialized engineering chemical requirements.
Chennai-based AMC founded in 1996 as a joint venture with BNP Paribas, now wholly owned by the Sundaram Finance Group. Manages over Rs 1 lakh crore. Strong brand in South India with equity funds that have delivered consistent long-term track records across market cycles. Sundaram Mid Cap Fund has been a flagship since the early 2000s.