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Neueon Corporation Limited (NEUEON)

₹13.03 -2.03% last close, 16 Oct

📊 NSE: NEUEON 🏢 Heavy Electrical Equipment 📢 Latest filing: 06 Oct 2026

NEUEON exchange data

NSE end-of-day data for Fri, 16 Oct 2026

It closed at a price band (circuit) on 9 sessions in about the last 20.

₹13.03NSE close · -2.03%

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Neueon Corporation Submits Demat Compliance Certificate for Q2 Ended September 30, 2026

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 06 Oct 2026, 11:33 AM

Neueon Corporation Limited has submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate was issued by Bigshare Services Pvt. Ltd, the company's Registrar and Share Transfer Agent (RTA). This filing represents standard depository reconciliation compliance confirming proper handling of security dematerialization requests. It contains no operational updates or financial figures.

Compliance certificate submitted under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Pertains to the quarter ended September 30, 2026
Issued by Registrar and Share Transfer Agent M/s. Bigshare Services Pvt. Ltd
Filing dated October 06, 2026 submitted to BSE (532887) and NSE (NEUEON)

💡 No action is required as this is a standard quarterly administrative filing. Investors should monitor upcoming announcements for Q2 FY27 financial results.

Neueon Corporation Secures ₹25 Cr Work Order from Share Medical Care Foundation

🟢 POSITIVE ⭐ 7/10

OTHER 📅 30 Sep 2026, 12:34 PM

Neueon Corporation Limited has secured a domestic work order worth approximately ₹25 crores from Share Medical Care Foundation. The scope of work entails campus civil renovation works covering hospital, college, and other areas. The project execution timeline is set over the next 6 months, with deliverables scheduled to be completed by March 31, 2027. The transaction does not involve promoter interest or related-party transactions.

Secured domestic work order worth approximately ₹25 crores
Contract awarded by Share Medical Care Foundation on September 30, 2026
Deliverables scheduled for completion within 6 months by March 31, 2027
Scope covers Campus Civil Renovation Works for hospital, college, and other areas
Non-related party transaction with zero promoter interest

💡 Track execution progress and billing milestones over the next two quarters leading up to the March 31, 2027 deadline, alongside quarterly revenue recognition.

Neueon Issues Postal Ballot Notice for Capital Raising, Related Party Deals, and AoA Alteration

🟡 NEUTRAL ⭐ 6/10

FUNDRAISE 📅 29 Sep 2026, 12:51 PM

Neueon Corporation Limited has dispatched a Postal Ballot notice to shareholders seeking approval for key resolutions including raising capital through equity shares or other eligible securities. The notice also seeks approval for material Related Party Transactions for FY 2026-27 exceeding 10% of annual consolidated turnover, and an alteration to the Articles of Association to enable phased calls on unpaid shares. Remote e-voting runs from September 30, 2026 (09:00 AM) to October 29, 2026 (05:00 PM), with results to be declared within two working days of closure.

E-voting period opens on September 30, 2026 at 09:00 AM and closes on October 29, 2026 at 05:00 PM
Special resolution proposed to raise capital via equity shares or securities (including QIP) within 365 days of approval
Ordinary resolution proposed to approve material Related Party Transactions exceeding 10% of FY 2025-26 annual turnover
Proposed amendment to Articles of Association to allow flexible single or multiple calls on unpaid share capital

💡 Track the outcome of the postal ballot voting expected by October 31, 2026, and watch for board filings detailing the exact quantum, pricing, and mode of the planned fundraise.

Neueon Corp Board Approves Up to ₹300 Cr Fundraise Via Equity Issuance

🟢 POSITIVE ⭐ 9/10

FUNDRAISE 📅 23 Sep 2026, 05:49 PM

The Board of Directors of Neueon Corporation Limited has approved raising funds up to ₹300 crore through the issuance of equity shares (face value ₹1 each) or other eligible securities. The capital will be raised via permissible routes including private placement, QIP, or preferential issue, subject to shareholder approval. The company is seeking shareholder assent via a postal ballot with remote e-voting scheduled between September 30, 2026, and October 29, 2026. Other resolutions include amending Article 22(i) of the Articles of Association regarding calls on shares and approving material related-party transactions for FY 2026-27.

Approved raising capital up to ₹300 crore in one or more tranches via equity or eligible securities
Securities to have a face value of ₹1 each, issued via QIP, preferential allotment, or private placement
Postal ballot e-voting period runs from September 30, 2026 (9:00 am) to October 29, 2026 (5:00 pm)
Proposed alteration of Article 22(i) of the Articles of Association regarding calls on unpaid shares
Approval sought for material related-party transactions for the financial year 2026-27

💡 Track the outcome of the postal ballot voting concluding on October 29, 2026, followed by specific announcements on the mode, pricing, and investor identity for the ₹300 crore fundraise.

Neueon Corporation Board Approves Fundraising Up To ₹300 Crore Via Equity or Other Securities

🟡 NEUTRAL ⭐ 7/10

FUNDRAISE 📅 23 Sep 2026, 05:43 PM

Neueon Corporation Limited's Board has approved raising funds up to ₹300 crore in one or more tranches through permissible modes including QIP, private placement, or preferential issue. The proposal will be put to shareholder vote via postal ballot running from September 30 to October 29, 2026. Concurrently, the Board recommended amendments to Article 22(i) of its Articles of Association regarding calls on unpaid share monies and sought approval for material related-party transactions for FY27.

Approved raising capital up to ₹300 crore through issuance of equity shares (face value ₹1) and/or other eligible securities.
Proposed amendment to Article 22(i) of Articles of Association regarding calls on shares with minimum 15 days between calls.
Postal ballot e-voting period scheduled from September 30, 2026 (9:00 AM) to October 29, 2026 (5:00 PM).
Results of the postal ballot to be declared within 2 working days post-closure of voting.
Shareholder approval also sought for material related-party transactions for FY 2026-27.

💡 Track the outcome of the postal ballot voting concluding on October 29, 2026, and look for subsequent announcements regarding the exact mode, pricing, and dilution terms of the proposed ₹300 crore fundraise.

Neueon Corp Terminates Tactical Communication MOU With Elcom Innovations; Cites Zero Financial Impact

🟡 NEUTRAL ⭐ 4/10

OTHER 📅 09 Sep 2026, 05:36 PM

Neueon Corporation Limited has announced the discontinuation and termination of its procurement partnership and MOU with Elcom Innovations Private Limited, originally executed on July 24, 2025. The partnership was meant for the supply of tactical communication equipment and solutions. The company cited unforeseen developments and shifting market conditions as reasons for the discontinuation. Neueon confirmed that neither party took operational steps following the signing, resulting in zero financial or operational impact from the termination.

Discontinued Procurement Partnership/MOU with Elcom Innovations Private Limited
Agreement was originally executed on 24th July 2025 for tactical communication equipment and solutions
Termination attributed to unforeseen developments and prevailing market conditions
Company confirmed parties took no steps post-execution, leading to zero impact

💡 Track subsequent management updates on the heavy electrical segment's operational pipeline and any revised strategic growth initiatives following this canceled partnership.

Neueon Corporation Terminates Procurement MoU With Elcom Innovations; No Financial Impact

🟡 NEUTRAL ⭐ 3/10

OTHER 📅 09 Sep 2026, 05:31 PM

Neueon Corporation Limited has discontinued its Procurement Partnership/MoU dated July 24, 2025, with Elcom Innovations Private Limited. The agreement was initially signed for the supply of tactical communication equipment and solutions. The company stated the termination is due to unforeseen developments and changes in the prevailing business and market environment. Crucially, Neueon confirmed that neither party took any operational steps post-execution, resulting in no financial or operational impact from the termination.

MoU executed on 24th July 2025 has been terminated as of 09th Sep 2026
Scope covered supply of tactical communication equipment and solutions
Termination attributed to unforeseen developments and market conditions
No operational steps were taken post-execution, leading to zero impact on operations

💡 Monitor future disclosures regarding any alternative partnerships or strategy shifts in the company's equipment supply and heavy electrical business.

Neueon Corporation Shifts Registered Office to Banjara Hills, Hyderabad Following AGM Approval

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 08 Sep 2026, 05:07 PM

Neueon Corporation Limited has shifted its registered office from Hathnoora Mandal, Sangareddy District to Banjara Hills, Hyderabad. The relocation was previously approved by the Board on July 31, 2026, and by shareholders at the 19th AGM on September 05, 2026. Management cited operational convenience and better interaction with stakeholders as reasons for the relocation. Necessary filings with the Registrar of Companies have been completed.

Registered office shifted from Sangareddy District (PIN 502296) to Banjara Hills, Hyderabad (PIN 500034)
Board approved the relocation on July 31, 2026
Shareholders approved the resolution during the 19th AGM on September 05, 2026

💡 Note the new address for official correspondence; track forthcoming financial disclosures for operational performance updates.

Neueon Corporation Shareholders Approve All 5 AGM Resolutions Including Material RPTs

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 05 Sep 2026, 07:52 PM

Neueon Corporation Limited conducted its 19th Annual General Meeting on September 05, 2026, with shareholders passing all 5 proposed ordinary and special resolutions. Key approvals included the adoption of FY2025-26 audited financial statements, authorization and approval of Material Related Party Transactions for FY2026-27, and the shifting of the registered office. For the Material Related Party Transactions resolution, promoters were interested and abstained; the resolution was approved by public shareholders with 78.57% votes in favour (1,86,352 shares) and 21.43% against (50,816 shares). Meeting participation remained thin, with 45 shareholders attending via video conference out of 18,491 total shareholders on the record date.

All 5 resolutions passed with requisite majority at the 19th AGM held on September 05, 2026
Material Related Party Transactions resolution passed with 78.57% public shareholder support (1,86,352 votes in favour vs 50,816 against)
Special resolution to shift the registered office passed with 99.99% total votes in favour
45 shareholders attended the AGM out of 18,491 total recorded shareholders as of August 31, 2026

💡 Track corporate disclosures regarding the updated registered office address and quarterly related-party transaction reporting during FY2026-27.

Neueon Corporation Concludes 19th AGM; Resolves on Financials and Related-Party Items

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 05 Sep 2026, 01:03 PM

Neueon Corporation Limited conducted its 19th Annual General Meeting on September 05, 2026, via video conferencing with 45 shareholders in attendance. Key resolutions tabled included the adoption of FY2025-26 financial statements, approval of material related party transactions for FY2026-27, and shifting of the registered office. Notably, the statutory and secretarial auditors expressed a qualified opinion on the FY26 audit reports, with management providing responses in the Board's report. Scrutinizer voting results are expected within two working days.

19th Annual General Meeting held on September 05, 2026, concluding at 12:07 PM
Total of 45 shareholders attended the meeting via video conferencing
5 resolutions tabled covering FY26 financials, material related party transactions for FY27, and shifting of registered office
Auditors expressed a Qualified Opinion on the financial statements and secretarial audit for FY2025-26

💡 Monitor the formal voting results to be filed within two working days and review the auditor qualifications detailed in the Annual Report.

Neueon Cancels Aug 10 Meeting for Rights Issue Terms Due to Lack of Regulatory Approval

🔴 NEGATIVE ⭐ 4/10

FUNDRAISE 📅 08 Aug 2026, 04:24 PM

Neueon Corporation Limited has cancelled its Management Committee meeting originally scheduled for August 10, 2026. The meeting was intended to finalize and approve the terms of a proposed Rights Issue of Equity Shares. The company cited the non-receipt of in-principle approval for the Rights Issue as the primary reason for the cancellation. This follows previous rescheduling attempts on July 31 and August 5, 2026, indicating a persistent delay in the fundraising process.

Management Committee meeting scheduled for August 10, 2026, has been cancelled.
The meeting was specifically intended to approve terms for a proposed Rights Issue of Equity Shares.
Cancellation is attributed to the non-receipt of in-principle approval from regulatory authorities.
This follows two previous intimations regarding the meeting on July 31, 2026, and August 5, 2026.
The company's stock has seen high volatility with a 12-month return of 184.3% but a 3-month decline of 40.3%.

💡 Investors should monitor for a fresh intimation regarding the receipt of in-principle approval from BSE/NSE, which is a prerequisite for the Rights Issue to proceed.

Neueon Corp to Hold 19th AGM on Sept 5; Seeks Approval for Material Related Party Transactions

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 08 Aug 2026, 02:50 PM

Neueon Corporation has scheduled its 19th Annual General Meeting (AGM) for September 5, 2026, via video conferencing. The agenda includes the adoption of FY26 financial statements and the re-appointment of Director Mr. Durga Vara Prasad Bolla. A key resolution seeks shareholder approval for material Related Party Transactions (RPTs) in FY 2026-27 that may exceed 10% of the company's annual consolidated turnover. Additionally, the company proposes shifting its registered office to Banjara Hills, Hyderabad, for better operational convenience.

19th Annual General Meeting scheduled for September 05, 2026, at 11:30 AM IST
Seeking approval for Related Party Transactions that may exceed 10% of FY 2025-26 consolidated turnover
Proposed shifting of registered office from Sangareddy District to Banjara Hills, Hyderabad
Re-appointment of Mr. Durga Vara Prasad Bolla (appointed Nov 2025) as a Non-Executive Director
Book closure for the AGM set from September 01, 2026, to September 05, 2026

💡 Investors should review the full Annual Report's explanatory statement to understand the specific nature and counterparties of the 'Material Related Party Transactions' exceeding the 10% turnover threshold.

₹150.79 Cr Rights Issue: Neueon Reschedules Committee Meeting to August 10

🔵 WATCH ⭐ 9/10

FUNDRAISE 📅 05 Aug 2026, 08:29 PM

Neueon Corporation has rescheduled its Management Committee meeting from August 6 to August 10, 2026, to finalize the terms of its proposed Rights Issue. The delay is attributed to the company not yet receiving the necessary in-principle approval for the issue. The committee is expected to approve the record date, issue price, and rights entitlement ratio for a fundraise aggregating up to ₹150.79 crores. This represents a significant capital event for the company given its current share price of ₹14.8.

Proposed Rights Issue size of up to ₹150.79 crores
Meeting rescheduled from August 6, 2026, to August 10, 2026
Delay caused by pending in-principle approval for the Rights Issue
Committee to finalize record date, issue price, and entitlement ratio on the new date

💡 Investors should monitor the announcement on August 10 for the finalized issue price and entitlement ratio to assess the potential equity dilution and the discount offered relative to the current market price.

NEUEON Reports Zero Revenue in Q1 FY27; Net Loss Narrows to ₹82.11 Lakhs Post-Restructuring

🔴 NEGATIVE ⭐ 6/10

EARNINGS 📅 01 Aug 2026, 11:30 PM

Neueon Corporation reported zero operational revenue for the quarter ended June 30, 2026, a sharp decline from ₹4.45 crore in the same period last year. The net loss narrowed significantly to ₹82.11 lakhs from a loss of ₹22.08 crore YoY, primarily due to a massive reduction in depreciation and other expenses following the NCLT resolution process. While the company has successfully implemented its resolution plan and cleared dues to financial creditors, the core business operations appear stagnant. Auditors have issued a qualified opinion due to the lack of financial data from the company's foreign subsidiary, Digitech Business Systems.

Revenue from operations fell to ₹0.00 for Q1 FY27 compared to ₹445.54 lakhs in Q1 FY26.
Net loss narrowed to ₹82.11 lakhs from ₹2,208.35 lakhs in the corresponding quarter of the previous year.
Total expenses decreased to ₹98.67 lakhs from ₹26.55 crore YoY, driven by lower depreciation of ₹44.18 lakhs.
Auditors highlighted a continuing provision of ₹13,993.47 lakhs related to the foreign subsidiary Digitech Business Systems.
The company successfully implemented its NCLT-approved resolution plan with no remaining dues to financial creditors.

💡 Investors should monitor when the company restarts its core operations and generates its first post-restructuring revenue. The resolution of the auditor's qualification regarding the foreign subsidiary's financials is a key regulatory milestone to watch.

₹150.79 Cr Rights Issue: Management Committee to Finalize Terms on August 6

🔵 WATCH ⭐ 9/10

FUNDRAISE 📅 31 Jul 2026, 06:38 PM

Neueon Corporation Limited has scheduled a Management Committee meeting for August 6, 2026, to finalize the specific terms of its proposed Rights Issue. This follows the Board's approval on July 31, 2026, for a fundraise not exceeding ₹150.79 crores through the issuance of partly paid-up equity shares. The committee will determine the issue price, rights entitlement ratio, and the crucial record date. Investors should note the face value of the shares is ₹1 each, and the company's stock has seen a significant 199.2% return over the last 12 months.

Rights issue size capped at a maximum of ₹150.79 crores
Management Committee meeting set for August 6, 2026, to decide pricing and ratio
Equity shares to be issued as partly paid-up with a face value of ₹1
The fundraise follows a prior Board approval granted on July 31, 2026
Stock has delivered a 199.2% return over the past 12 months as of the announcement date

💡 Monitor the exchange filings on August 6, 2026, for the Rights Issue price and entitlement ratio to calculate the potential dilution and the attractiveness of the offer relative to the current price of ₹15.6.

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