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NEUEONNSENeueon Corporation LimitedHighNeutral
Announced Fri, 19 Dec, 2025 · 20:05 IST

Neueon Corporation lists on BSE/NSE; renamed from Neueon Towers

Price reaction

Awaiting price reaction for this filing.

AI summary

Neueon Corporation Limited (formerly Neueon Towers) will list on BSE and NSE from December 23, 2025 under the new symbol NEUEON. This follows an NCLT-approved resolution plan under IBC dated October 23, 2024. After capital reduction, public shareholders hold 10% of the company while the successful resolution applicant holds 90%. Face value was reduced from Rs 10 to Rs 1, leaving 5.65 crore shares outstanding. The stock will trade in the T group (trade-to-trade segment).

Likely market impact

Re-listing post IBC means 90% ownership sits with the resolution applicant; existing public holders are diluted to 10% and face trade-to-trade restrictions.