Heavy Electrical Equipment
New Launch7 April 2026 at 02:21 pm

Neueon Corporation Ltd Receives Trading Approval for 50,89,00,968 Equity Shares

AI Summary

Neueon Corporation Ltd has received trading approval from BSE Limited and National Stock Exchange of India Limited for 50,89,00,968 equity shares of Re. 1/- each issued under preferential basis. The shares, with distinctive numbers from 50,89,00,968 to 56,54,45,520, will be traded from 08th April 2026. These shares are ranking pari-passu with the old equity shares of the Company and were issued pursuant to the Resolution Plan approved by the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench, vide its order dated October 23, 2024.

Key Highlights

  • Neueon Corporation Ltd has received trading approval from BSE Limited and National Stock Exchange of India Limited for 50,89,00,968 equity shares.
  • The shares will be traded from 08th April 2026.
  • The shares are ranking pari-passu with the old equity shares of the Company.
  • The shares were issued pursuant to the Resolution Plan approved by the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench, vide its order dated October 23, 2024.
  • The shares have distinctive numbers from 50,89,00,968 to 56,54,45,520.