Board approves rights issue of up to Rs 150.79 crores and office relocation to Hyderabad

Neueon Corporation board approved a rights issue of up to Rs 150.79 crores via partly paid-up equity shares to eligible public shareholders to achieve minimum public shareholding. Board also approved shifting the registered office from Sangareddy District to Banjara Hills, Hyderabad, subject to shareholder approval. Q1 FY27 unaudited financial results were approved. The 19th AGM is fixed for September 5, 2026, with record date August 31, 2026.