Company exceeds statutory CSR obligation and supports 20 projects across education, water, healthcare and livelihoods
NEW DELHI (India CSR): Neogen Chemicals Limited spent ₹1.3729 crore on corporate social responsibility initiatives during FY 2025-26, exceeding its statutory obligation of ₹1.3646 crore by ₹83,000, according to the company’s Integrated Annual Report. The specialty chemicals manufacturer reported average net profit of ₹68.2321 crore under Section 135(5) of the Companies Act, making two per cent of that amount payable towards CSR. The entire expenditure covered 20 projects classified as other than ongoing projects. No money was transferred to an Unspent CSR Account or a Schedule VII fund, and the company said the reason for any spending shortfall was not applicable for the year.
Spending Records Growth
The FY26 outlay rose from ₹1.29 crore reported for FY 2024-25 to ₹1.3729 crore, an increase of ₹8.29 lakh, or about 6.4 per cent. Neogen’s latest expenditure was also ₹83,000 above the mandatory requirement, creating an equivalent amount available for set-off in succeeding financial years. Including earlier excesses, the company disclosed cumulative set-off availability of ₹3.96 lakh across FY21 to FY26, while stating that none was required to be adjusted during FY26. The annual CSR annexure recorded no surplus from previous projects, no preceding-year unspent balances, no ongoing projects from earlier years and no CSR-funded capital asset creation or acquisition.
Education Leads Allocation
Education, arts and literature received the largest thematic allocation of ₹56.01 lakh, accounting for about 40.8 per cent of total CSR expenditure. The biggest contribution was ₹30 lakh for research support to the PC Vadiya Astronomical, Astrophysical and Space Science Research Institute, Neogen Star Observatory and Sun Observatory, implemented through the Indian Planetary Society in Rajkot. The company said this education initiative benefited 31,705 people. Other educational support included scholarships, student programmes, a school solar rooftop system, a water cooler, Project Hobby and the co-sponsorship of St Xavier’s College’s Indian Music Group Janfest, which benefited 1,800 individuals during the year.
CSR Project Allocations for FY 2025-26
| No. | CSR project | Location | Allocation |
|---|---|---|---|
| 1 | Astronomy, astrophysics and space-science research support | Rajkot, Gujarat | ₹30.00 lakh |
| 2 | Rainwater harvesting and borewell construction | Vadodara and Bharuch, Gujarat | ₹26.93 lakh |
| 3 | Project TREE: Rural women’s economic empowerment | Vadodara, Gujarat | ₹12.49 lakh |
| 4 | Indian Music Group Janfest, St. Xavier’s College | Mumbai, Maharashtra | ₹12.00 lakh |
| 5 | Integrated agriculture and livestock development | Vadodara, Gujarat | ₹9.97 lakh |
| 6 | Community health, nutrition and sanitation projects | Mumbai, Maharashtra | ₹6.30 lakh |
| 7 | Project Annapurna: Thepla—Ghar Se Bazar Tak | Vadodara, Gujarat | ₹5.99 lakh |
| 8 | Solar panels and environmental sustainability measures | Valsad, Gujarat | ₹5.00 lakh |
| 9 | Student Education Programme | Gandhinagar, Gujarat | ₹5.00 lakh |
| 10 | Laboratory equipment for District Government Hospital | Sangareddy, Telangana | ₹4.96 lakh |
| 11 | Pond deepening under Sujalam Sufalam Scheme | Bharuch, Gujarat | ₹4.93 lakh |
| 12 | Scholarship project | Navi Mumbai, Maharashtra | ₹2.55 lakh |
| 13 | 6 kW solar rooftop system at Karakhadi High School | Vadodara, Gujarat | ₹2.50 lakh |
| 14 | Borewell system at Tithor village pond | Vadodara, Gujarat | ₹2.24 lakh |
| 15 | Saraswati Sharda Scholarship Programme | Vadodara, Gujarat | ₹1.92 lakh |
| 16 | Project Hobby for schoolchildren | Vadodara, Gujarat | ₹1.68 lakh |
| 17 | Mushroom enterprise support for tribal women | Tapi, Gujarat | ₹1.50 lakh |
| 18 | Computer and printer for Gram Panchayat service centre | Vadodara, Gujarat | ₹0.72 lakh |
| 19 | Water cooler installation at Muval School | Vadodara, Gujarat | ₹0.37 lakh |
| 20 | Armed Forces Flag Day Fund | Vadodara, Gujarat | ₹0.25 lakh |
| Total CSR allocation | ₹137.29 lakh (₹1.3729 crore) |
Strengthening Water Security
Natural resource management and conservation accounted for ₹34.10 lakh, or nearly one-quarter of the annual CSR spend. Neogen directly spent ₹26.93 lakh on rainwater harvesting and borewell construction in Vadodara and Bharuch districts. Six recharge systems around Karakhadi reportedly benefited 3,394 students, while another six systems around Pakhajan in Bharuch supported 517 students. A borewell recharge system at Tithor village was designed to improve groundwater availability for domestic needs, farming and livestock, benefiting about 7,200 residents. The company also spent ₹4.93 lakh on pond deepening at Akhod village under Gujarat’s Sujalam Sufalam Scheme, reaching 831 local people there during FY26.
Empowering Rural Women
Rural development and women’s empowerment programmes received ₹20.95 lakh. The company allocated ₹12.49 lakh to Project TREE, implemented with Baroda Citizens Council, which provided stitching, tailoring, equipment and entrepreneurship training to 60 women. Another ₹5.99 lakh supported Project Annapurna, titled “Thepla: Ghar Se Bazar Tak”, to train 21 women from Karakhadi in preparation, packaging and marketing, backed by post-training assistance. Neogen also provided ₹1.50 lakh through Tapi Rachnatmak Trust for mushroom cultivation equipment, technical training and start-up support to 30 tribal women. A further ₹72,000 funded a new computer and printer for Majathan Gram Panchayat’s local Common Service Centre facility.
Supporting Sustainable Agriculture
Environmental sustainability and agriculture initiatives drew ₹14.97 lakh. Of this, ₹9.97 lakh supported integrated agriculture and livestock development through Shri Manav Utthan Trust across five villages in the Padra and Jambusar blocks. The programme promoted vermicomposting, sustainable soil practices, reduced dependence on chemical fertilisers, livestock mineral supplementation and knowledge about Farmer Producer Organisation governance, reaching 950 farmers and animal rearers. Neogen separately spent ₹5 lakh through Atmavishwas Vidyalaya for solar panels and related sustainability measures at a halfway home in Valsad district. The installation was reported to benefit more than 48 patients and over 30 staff members by improving resilience.
Improving Community Health
Healthcare, nutrition and sanitation accounted for ₹11.26 lakh. Neogen directly spent ₹4.96 lakh to provide laboratory equipment, including a cell counter, electrocardiogram machine, microscope and centrifuge, to the District Government Hospital at Patancheru in Telangana’s Sangareddy district. The company estimated that the upgraded diagnostic infrastructure benefited 2,900 individuals. A further ₹6.30 lakh was channelled through United Way of Mumbai for community development work covering nutrition, maternal health, sanitation and livelihoods. That intervention reached about 672 people, including children, malnourished children, pregnant women, lactating mothers and adolescent girls, while supporting growth monitoring, referrals, nutrition practices, menstrual health awareness and anaemia prevention.
Local Communities Prioritised
Most projects were concentrated around Neogen’s operations and nearby communities in Gujarat, Maharashtra and Telangana. Gujarat hosted initiatives in Rajkot, Vadodara, Bharuch, Valsad, Gandhinagar and Tapi; Maharashtra projects covered Mumbai and Navi Mumbai; and Telangana spending focused on Sangareddy. All 20 projects were identified as local-area interventions in the statutory disclosure. Neogen said its broader CSR strategy serves communities surrounding manufacturing facilities at Dahej, Karakhadi, Patancheru and Mahape, alongside its corporate office at Thane. Its stated priorities include education, arts, healthcare, nutrition, water conservation, natural resource management, environmental stewardship, agriculture, rural development, women’s empowerment, sanitation, hygiene and disaster management needs.
Partnerships Drive Implementation
Implementation combined direct company spending with external agencies. Key partners included Indian Planetary Society, Baroda Citizens Council, the Bombay St Xavier’s College Society, Shri Manav Utthan Trust, United Way of Mumbai, Atmavishwas Vidyalaya, Vicharta Samuday Samarthan Manch and Tapi Rachnatmak Trust. Neogen directly delivered water, healthcare, scholarship, renewable-energy, digital-inclusion and welfare activities. Its policy gives priority to needs in the vicinity of manufacturing facilities and allows the CSR Committee to recommend projects, geographies, partners and budgets. The company said its approach is aligned with ISO 26000:2010 guidance on social responsibility and intended to integrate stakeholder engagement with sustainable value creation.
Governance Framework Strengthened
The CSR Committee met four times during FY26. Dr Harin Kanani became chairman from October 1, 2025, following Haridas Kanani, who served until September 30, 2025. Independent director Avi Sabavala and non-executive director Anurag Surana were also committee members and attended all four meetings; the chairmen attended two meetings each during their respective tenures. Impact assessment was not applicable for FY26, while administrative overheads and impact-assessment expenditure were reported as nil. Neogen also received the Jury Special CSR Excellence Award at the Rotary National CSR Awards 2025 and the GEO CSR Award 2026 for its community initiatives and sustained execution.
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