COMPANY

• In April 2025, approved Tranche – I Grant of 36,400 ESOPs to 41 eligible employees of the Company
• In May 2025, Neogen Ionics Limited (“NIL”) entered into advance discussion with Morita Chemicals Industries Co. Limited of Japan for formation of a Joint Venture Company (“JVC”) in India to address growth opportunities in the Lithium-ion Battery material space, especially related to electrolyte Salts needed for internal consumption for electrolytes, to meet global market demand and to facilitate the same, NIL has formed a wholly-owned subsidiary Neogen Morita New Materials Limited in July 2025, which is a step down subsidiary of the Company
• Investment in the form of Equity in Neogen Ionics Limited and Neogen Chemicals Japan Corporation Limited

• In February, approved incorporation of – a wholly-owned subsidiary in Japan
• April 2024 - Approved merger of Buli Chemicals with Neogen Chemicals Limited, which was effective from January 31, 2025
• Neogen Ionics - The wholly-owned subsidiary of the Company availed a facility of ₹ 894 Crore ($108 million) from SBI
• Neogen Ionics commenced sales of Lithium Salts and Electrolytes from the Dahej SEZ plant
• Neogen Chemicals Japan Corporation Limited – A wholly-owned subsidiary of the Company incorporated in July 2024
• Aug 2024 - Approved “Neogen Chemicals Limited Employees Stock Option Scheme 2024” (“NCL ESOP Scheme 2024”)
• Investment in the form of Equity Neogen Chemicals Japan Corporation Limited

• In March, formed Neogen Ionics Limited, a wholly-owned subsidiary of Neogen Chemicals, to house Battery Chemicals Business
• In April, signed licensing agreement with MU Ionic Solutions Corporation, Japan, to acquire manufacturing technology licence for electrolytes in India
• In May, acquired 100% stake in BuLi Chem from Livent to offer organolithium products to Pharma and Agrochemical Industries
• In November, raised ~₹ 253 Crore through allotment of equity shares on a preferential basis
• In December, Neogen Ionics Limited completed acquisition of land admeasuring ~65 acres in Pakhajan, Dahej PCPIR, Gujarat, to establish a world-class state-of-the-art Battery Materials facility at a Greenfield site

• Increased Organic Chemicals reactor capacity to 407,000 litres through Greenfield and brownfield expansions across facilities
• Raised ₹ 225 Crore through allotment of Equity Shares on preferential basis

Increased the capacity of Inorganic Chemicals from 1,200 MT through Greenfield expansion at Dahej, Gujarat

Raised ₹ 132 Crore through initial public offering (IPO) and offer for sale

Commenced manufacturing operations at Vadodara Facility

• Achieved turnover of ₹ 100 Crore
• Acquired manufacturing operations along with 39.6 acres of land from Solaris Chemtech Limited at Karakhadi, Vadodara

Acquired land in Dahej SEZ

Increased reactor capacity at Mahape to 45,000 litres

Increased reactor capacity at Mahape to 30,000 litres

Started manufacturing specialty bromine compounds for advance intermediates and increased reactor capacity of Mahape facility from 6,000 litres to 20,000 litres

Set up a dedicated R&D division

Converted to a public limited company

Increased capacity from 1,600 litres to 6,000 litres at Mahape

Started operations with Lithium salts and organic bromide at Mahape

Incorporated as a private limited company