On November 11, 2025, Neogen Chemicals Limited announced a correction to its Debt Service Coverage Ratio (DSCR), which was revised to 2.38 for the trailing twelve months. This adjustment came as part of a corrigendum addressing a typographical error in the company's unaudited standalone and consolidated financial results for the quarter and half year ending September 30, 2025. The initial report, submitted on November 8, 2025, contained an incorrect figure of 2.11, which has since been rectified. The company emphasized that these errors were not material and did not affect the overall financial statements.

The DSCR is a key indicator of a company's ability to service its debt obligations, calculated as the ratio of cash available for debt servicing to the total debt obligations due. Neogen's revision reflects a stronger capacity to cover its debt repayments, with the revised ratio indicating a significant improvement from the previously stated figures. The firm's Interest Service Coverage Ratio (ISCR) also faced adjustments, changing from 3.59 to 2.51 for the trailing twelve months, showcasing the company's ongoing financial management strategies.

Neogen Chemicals has committed to transparency and promptly addressed the discrepancies following the regulatory compliance requirements under SEBI's Listing Regulations. The updated financial metrics have been made available on Neogen's official website and through the stock exchanges, ensuring that all stakeholders have access to the most accurate information. This correction underlines Neogen's dedication to maintaining clear communication with investors and regulatory bodies.