as per attached letter
Awaiting price reaction for this filing.
Neueon Corporation's Board, at its meeting on January 3, 2026, approved the appointment of Mr. Krishnamurthy Vijayan as Chairman and Non-Executive Non-Independent Director for 5 years (effective November 21, 2025), and Mr. Bolla Durga Vara Prasad as Non-Executive Non-Independent Director for 5 years (effective November 7, 2025). Both appointments are subject to shareholder approval via postal ballot. The Board also sought shareholder approval through postal ballot for material related party transactions of the Company and its material subsidiaries for FY2025-26 and FY2026-27. M/s. RPR & Associates was appointed as scrutinizer for the postal ballot process, with e-voting open from January 6 to February 5, 2026, and results expected by February 7, 2026.
The appointment of two Non-Executive Non-Independent Directors strengthens the Board, while the related party transaction approvals signal ongoing business dealings with related entities that shareholders will need to vote on. Retail investors should review the postal ballot notice and related party transaction details before the February 5, 2026 voting deadline.