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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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Neueon Corporation has withdrawn its previously approved Rights Issue proposal of ₹150.79 Crore, citing changes in the company's timing and immediacy of funding requirements.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.