With regards to the captioned subject and in compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 ('Listing Regulations'), we wish to inform you that the Board of Directors of Neogen Chemicals Limited ('the Company') at its meeting held today i.e. Saturday, March 4, 2023 which commenced at 7.15 p.m. (IST) and concluded at 8.50 p.m.(IST), inter alia, considered and approved, the acquisition of 4,69,26,000 (100%) Equity Shares of a face value of Rs. 10 each, of BuLi Chemicals India Private Limited ('BuLi Chem') for an amount up to Rs. 25,00,00,000 (Twenty-Five Crore) approximately, subject to final working capital adjustments on closing date ('Acquisition')