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 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 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.