StockWatch
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Heavy Electrical Equipment
Corporate Action28 Apr 2026, 05:53 pm

Neueon: Promoter name changes to Neueon Consol effective April 28, 2026

AI Summary

Neueon Corporation Ltd announced that its promoter, M/s. Preca Structures Private Limited, has officially changed its name to M/s. Neueon Consol Private Limited. This change is effective from April 28, 2026, as evidenced by a Certificate of Incorporation issued by the Ministry of Corporate Affairs. The promoter entity continues to hold 50,89,00,968 equity shares, which represents 90% of Neueon Corporation Ltd's total paid-up share capital. The company confirmed that Neueon Consol Private Limited remains its sole promoter.

Key Highlights

  • Promoter's name changed to Neueon Consol Private Limited.
  • Previous promoter name was Preca Structures Private Limited.
  • The name change is effective from April 28, 2026.
  • Promoter holds 90% of Neueon Corporation's equity shares.
  • The change is a formal corporate update for the promoter entity.