Neueon Corp Cancels Rights Issue Meeting Due to Approval Delay

Neueon Corporation Ltd has announced the cancellation of its Management Committee of the Board of Directors meeting, originally scheduled for August 10, 2026. The meeting was intended to approve the terms of a proposed Rights Issue of Equity Shares. The cancellation is attributed to unavoidable circumstances, specifically the non-receipt of in-principle approval for the Rights Issue from the relevant authorities. This development follows previous intimations on July 31 and August 5, 2026, regarding the rescheduling of this crucial board meeting.