Neueon Corporation Limited has informed the Exchange regarding Outcome of Board Meeting held on January 03, 2026.
Awaiting price reaction for this filing.
Neueon Corporation's Board met on January 3, 2026, and approved two director appointments that will go to shareholders via Postal Ballot. Mr. Krishnamurthy Vijayan has been recommended 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). The Board also sought member approval through Postal Ballot for these 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. M/s. RPR & Associates has been appointed as the Scrutinizer for the process.
Shareholders will soon vote on two new Non-Executive Non-Independent Director appointments and on Material Related Party Transactions for the next two financial years, which is a routine governance step but worth monitoring given the related-party nature of the transactions being approved.