BSENeueon Corporation LtdHighNeutral
Announced Fri, 31 Jul, 2026 · 16:48 IST
Board approves Q1 results, rights issue up to Rs.15079 Lakhs
Price reaction
Awaiting price reaction for this filing.
AI summary
Board approved Q1 FY27 (June 30, 2026) unaudited standalone and consolidated results, noted the limited review report from auditors ASKM & Co., and approved a rights issue of partly paid-up equity shares (face value Re.1) for up to Rs.15,079 Lakhs to eligible shareholders to achieve minimum public shareholding. Also approved shifting registered office from Sangareddy to Hyderabad, set 19th AGM on Sept 5, 2026 with record date Aug 31, 2026.
Likely market impact
Rights issue of about Rs.15079 Lakhs may dilute existing holders but aims to meet SEBI minimum public shareholding norms.