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Neueon Corporation seeks Rs 15079 crore via rights issue to meet public shareholding requirements
31-Jul-2026, 06:24
Neueon Corporation Limited announced that its Board of Directors approved a rights issue to eligible equity shareholders for an amount not exceeding Rs 15079 crore to achieve minimum public shareholding. The company also approved the shifting of its registered office from Turkala Khanapur Village, Telangana, to Banjara Hills, Hyderabad, subject to shareholder approval, and fixed the date of its 19th Annual General Meeting for September 05, 2026.
Neueon Corporation Limited announced that its Board of Directors approved a rights issue to eligible equity shareholders for an amount not exceeding Rs 15079 crore to achieve minimum public shareholding. The company also approved the shifting of its registered office from Turkala Khanapur Village, Telangana, to Banjara Hills, Hyderabad, subject to shareholder approval, and fixed the date of its 19th Annual General Meeting for September 05, 2026.