Neueon Towers Ltd

Neueon Corporation Limited has entered into a procurement partnership/MOU with Elcom Innovations Private Limited. This agreement, dated July 24, 2025, focuses on the supply of tactical communication equipment and solutions. The partnership is for the procurement of raw materials and is expected to be executed by July 23, 2027. The estimated value of the order is approximately ₹35,00,00,000 (Rupees Thirty-five crores only), exclusive of tax, to be fulfilled in tranches. This is a domestic arrangement, and neither the promoter nor promoter group companies have any interest in Elcom Innovations, nor does it fall under related party transactions.

Neueon Corporation Ltd has announced that its Board of Directors will convene on July 31, 2026. The meeting agenda includes the consideration and approval of the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the statutory auditors' limited review report. The board will also discuss and approve the Board's Report for FY 2025-26, the notice for the 19th Annual General Meeting, and the appointment of a scrutinizer. A significant item on the agenda is the consideration and approval of a proposal for fundraising through a Rights Issue of equity shares. The trading window for designated employees will remain closed until August 2, 2026.

Neueon Corporation Ltd has received approval from BSE and NSE for the reclassification of nine members from 'Erstwhile Promoters' to 'Public' category. This follows an application made on March 26, 2025, and is in accordance with an NCLT order dated October 23, 2024, and Regulation 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The reclassification impacts a total of 2,05,29,443 shares, representing 3.62% of the total shareholding. The company has been advised to disclose this event as a material event and forward the approval letters to depositories and its Registrar Transfer Agent for necessary actions.

Neueon Corporation Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI regulations and the company's insider trading code. The window will be shut from July 01, 2026, until 48 hours after the declaration of financial results for the quarter ended June 30, 2026. This restriction applies to all directors, promoters, designated employees, specified connected persons, and their immediate relatives. The date of the board meeting to consider these financial results will be communicated separately.

The Board of Directors of Neueon Corporation Ltd, in its meeting on May 1, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Statutory Auditor's Report included a qualified opinion due to the company's failure to perform impairment testing for Property, Plant and Equipment, investments, and other financial assets, and inadequate documentation for recognized impairment loss. The Board also appointed M/s. PVRM & Associates as Internal Auditors for FY 2026-27 and approved the evaluation of strategic investments/acquisitions in defence, renewable energy, and Ed-tech sectors.

Neueon Corporation Ltd's Board of Directors met on May 1, 2026, approving the Audited Financial Results (Standalone & Consolidated) for the quarter and year ended March 31, 2026. The Board noted the Statutory Auditors' Report, which included a qualified opinion due to the company's non-conduct of impairment testing for Property, Plant and Equipment, investments, and other financial assets as per Ind AS 36. Additionally, M/s. PVRM & Associates Chartered Accountants were appointed as Internal Auditors for FY 2026-27, and the Board approved the evaluation of strategic investments/acquisitions in identified sectors such as defense, renewable energy, and education technology.

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.

Neueon Corporation Ltd. has scheduled a Board of Directors meeting for May 1, 2026. The key agenda items include considering and approving the Audited standalone and consolidated Financial Results and Statements for the quarter and financial year ended March 31, 2026. The Board will also take note of the Auditors’ Report for the same period and consider the appointment of an Internal Auditor for the financial year 2026-27. Additionally, the meeting will focus on evaluating strategic investments and acquisitions in identified sectors such as defense, renewable energy, and education technology (Ed-tech). In compliance with insider trading regulations, the trading window for designated persons remains closed from April 1, 2026, until 48 hours after the financial results are announced.

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.

Neueon Corporation Ltd has announced that the trading window for dealing in the securities of the company will remain closed from April 01st 2026 till 48 hours after the declaration of financial results for the quarter and year ended March 31, 2026. This closure applies to all Directors, Promoters, Designated Employees/ Persons and Specified Connected Persons of the Company and its subsidiaries. The date of the Board meeting for considering the financial results will be informed separately.