Neueon Corporation Fund Raise of ₹300 Cr
Neueon Corporation's board approved seeking shareholder approval via postal ballot to raise up to ₹300 Crore through equity shares or other eligible securities.
- Value
- ₹300.0 Cr
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24 announcements
Neueon Corporation's board approved seeking shareholder approval via postal ballot to raise up to ₹300 Crore through equity shares or other eligible securities.
Neueon Corporation scheduled a board meeting for September 23, 2026, to discuss fund raising through equity or other securities and associated shareholder approvals.
Neueon Corporation has withdrawn its previously approved Rights Issue proposal of ₹150.79 Crore, citing changes in the company's timing and immediacy of funding requirements.
Neueon Corporation has terminated its procurement partnership/MOU with Elcom Innovations Private Limited. The company stated that there is no financial impact from this termination.
Neueon Corporation Limited has shifted its registered office from Sangareddy District to Banjara Hills, Hyderabad. This administrative change was approved by the board and shareholders.
Neueon Corporation held its 19th Annual General Meeting on September 5, 2026. The meeting discussed and transacted various items of business as per the AGM notice.
Neueon Corporation Limited has issued the notice for its 19th Annual General Meeting to be held on September 05, 2026. The Annual Report is also provided.
Neueon Corporation Limited has rescheduled its Management Committee meeting, previously set for August 06, 2026, to August 10, 2026, to consider a proposed Rights Issue.
Neueon Corporation Ltd reported revenue from operations of ₹0.1 Cr (-97.8% YoY) and a net loss of ₹0.9 Cr for Q1 FY27.
Neueon Corporation scheduled a Management Committee meeting on August 6, 2026, to determine specific terms for the previously approved Rs. 150.79 Crore rights issue.
Neueon Corporation approved a rights issue of partly paid-up equity shares to raise up to ₹150.79 Crore. The board also approved its quarterly financial results.
Neueon Corporation Limited secured orders worth ₹150 Crore from Elcom Innovations Private Limited for the supply of tactical communication equipment over the next 12 months.
Neueon Corporation entered a procurement partnership with Elcom Innovations Private Limited for tactical communication equipment. The contract is valued at ₹35 Crore, deliverable by July 2027.
Neueon Corporation scheduled a board meeting for July 31, 2026. The agenda includes approving Q1 financial results and a proposed rights issue.
Neueon Corporaton implemented an NCLT-approved resolution plan, allotting a 90% stake to Preca Structures. The company received trading approvals and reclassified erstwhile promoters.
Neueon Corporation received BSE and NSE approval to reclassify nine promoters as public shareholders. This reduces promoter holding from 93.63% to 90%.
Neueon Corporation Ltd reported revenue from operations of ₹6.2 Cr (+17.0% YoY) and a net loss of ₹206.4 Cr for Q4 FY26.
Neueon Corporation Limited reported its audited financial results for the quarter and year ended March 31, 2026. The company remains under the Corporate Insolvency Resolution Process (CIRP). The auditors issued a qualified opinion primarily due to the non-conduct of impairment testing for property, plant, and equipment assets.
Neueon Corporation Ltd announced a name change for its promoter from M/s. Preca Structures Private Limited to M/s. Neueon Consol Private Limited, effective April 28, 2026. The promoter continues to hold 50,89,00,968 equity shares, representing 90% of the company's total paid-up share capital. This is an administrative update following a certificate from the Ministry of Corporate Affairs.
Neueon Corporation Limited has scheduled a Board Meeting on May 01, 2026, to consider and approve the audited standalone and consolidated financial results for the year ended March 31, 2026. Consequently, the trading window for designated persons remains closed from April 01, 2026, until 48 hours after the results declaration.
Neueon Corporation Ltd has scheduled a Board Meeting for May 1, 2026, to approve audited standalone and consolidated financial results for the year ended March 31, 2026. The board will also discuss appointing an internal auditor and evaluating strategic investments in defense, renewable energy, and Ed-tech sectors. The trading window remains closed until 48 hours post-announcement.
Neueon Corporation Ltd has received trading approval from BSE and NSE for 50.89 crore equity shares issued on a preferential basis. These shares were allotted at ₹1 each following an NCLT-approved resolution plan. Trading in these new securities will commence on April 08, 2026, with a lock-in period until April 14, 2027.
Neueon Corporation Ltd submitted its quarterly compliance certificate under SEBI (DP) Regulations for the period ended March 2026. The registrar confirmed that all shares are held in demat form and no rematerialisation requests were received during the quarter.
Neueon Corporation Limited submitted its compliance certificate for the quarter ended March 31, 2026, regarding the Structured Digital Database (SDD). The company confirmed it has a non-tamperable internal database in place to capture UPSI events as per SEBI PIT Regulations.