Breaking Corporate Events, Analysed in Real Time

Neueon Corporation Board Approves ₹150.79 Crore Rights Issue to Public Shareholders

The Board of Directors of Neueon Corporation has approved a significant capital raise of up to ₹150.79 Crore through a rights issue of partly paid-up equity shares. This move is primarily aimed at achieving compliance with SEBI's minimum public shareholding requirements while the company also prepares for a strategic relocation of its registered office.

Neueon Corporation Secures ₹35 Crore Strategic Order for Tactical Communication Equipment

Neueon Corporation Limited has entered into a strategic procurement partnership with Elcom Innovations Private Limited valued at ₹35 crore. The agreement focuses on the supply of tactical communication equipment and solutions, marking a significant entry into specialized electronic hardware. This domestic order is scheduled for completion in various tranches by July 23, 2027.