as per attached letter
Awaiting price reaction for this filing.
The Board of Directors of Neueon Corporation Limited, at its meeting on January 3, 2026, approved the appointment of two new Directors in the Non-Executive Non-Independent category. Mr. Krishnamurthy Vijayan (DIN 00589406) has been recommended as Chairman and Director for 5 years effective November 21, 2025. Mr. Bolla Durga Vara Prasad (DIN 11178704) has been recommended as Director for 5 years effective November 7, 2025. The Board also approved seeking shareholder approval via Postal Ballot for these director appointments and for Material Related Party Transactions of the Company and its Material Subsidiaries for FY2025-26 and FY2026-27. The Postal Ballot e-voting will run from January 6, 2026 to February 5, 2026, with results expected by February 7, 2026.
Shareholders will get to vote on two new non-executive director appointments and approve material related party transactions for the next two financial years. The outcome of the postal ballot could shape board composition and clarify the scope of related-party deals, which shareholders should monitor closely.