Neueon Corporation Fund Raise of ₹300 Cr
Neueon Corporation's board approved seeking shareholder approval via postal ballot to raise up to ₹300 Crore through equity shares or other eligible securities.
- Value
- ₹300.0 Cr
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Neueon Corporation's board approved seeking shareholder approval via postal ballot to raise up to ₹300 Crore through equity shares or other eligible securities.
Neueon Corporation scheduled a board meeting for September 23, 2026, to discuss fund raising through equity or other securities and associated shareholder approvals.
Neueon Corporation has withdrawn its previously approved Rights Issue proposal of ₹150.79 Crore, citing changes in the company's timing and immediacy of funding requirements.
Neueon Corporation has terminated its procurement partnership/MOU with Elcom Innovations Private Limited. The company stated that there is no financial impact from this termination.
Neueon Corporation Limited has shifted its registered office from Sangareddy District to Banjara Hills, Hyderabad. This administrative change was approved by the board and shareholders.
Neueon Corporation held its 19th Annual General Meeting on September 5, 2026. The meeting discussed and transacted various items of business as per the AGM notice.
Neueon Corporation Ltd reported revenue from operations of ₹0.1 Cr (-97.8% YoY) and a net loss of ₹0.9 Cr for Q1 FY27.
Neueon Corporation Ltd reported revenue from operations of ₹6.2 Cr (+17.0% YoY) and a net loss of ₹206.4 Cr for Q4 FY26.