BSENeueon Corporation LtdHighNeutral
Announced Fri, 31 Jul, 2026 · 17:18 IST
Board approves Q1 FY27 results and Rs 15079 lakh rights issue
Price reaction
Awaiting price reaction for this filing.
AI summary
Board met on July 31, 2026 and approved unaudited Q1 FY27 standalone and consolidated results for quarter ended June 30, 2026, along with the limited review report by statutory auditors ASKM and Co. Key decision: rights issue of partly paid-up equity shares up to Rs 15,079 lakh to achieve minimum public shareholding. Also approved shifting registered office from Sangareddy to Banjara Hills, Hyderabad, subject to shareholder approval. AGM set for September 5, 2026 with record date August 31.
Likely market impact
Rights issue up to Rs 151 crore to meet minimum public shareholding norms. Eligible shareholders should review offer terms and participate.