StockWatch
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Heavy Electrical Equipment
Board Meeting31 Jul 2026, 05:40 pm

Neueon Corp Board Approves Registered Office Shift, Rights Issue

AI Summary

Neueon Corporation Ltd's Board of Directors has approved the shifting of its registered office to Banjara Hills, Hyderabad, subject to shareholder approval. The board also approved the unaudited financial results for the quarter ended June 30, 2026, and noted the auditor's limited review report. Additionally, the company plans to raise up to ₹15079 Lakhs through a rights issue of partly paid-up equity shares to achieve minimum public shareholding. The 19th Annual General Meeting is scheduled for September 5, 2026.

Key Highlights

  • Registered office to shift to Banjara Hills, Hyderabad.
  • Unaudited financial results for Q1 FY27 approved.
  • Company to raise ₹15079 Lakhs via rights issue.
  • 19th AGM scheduled for September 5, 2026.
  • Board meeting held on July 31, 2026.