Announced Wed, 9 Sept, 2026 · 17:29 IST
Termination of Procurement Partnership with Elcom Innovations
NEUEON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹11.80
prior close
₹12.22
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.2-0.2-0.2-0.8-3.6-3.7-3.7-4.6+5.4+22.9———
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AI summary
Neueon Corporation has terminated its procurement partnership and MOU with Elcom Innovations Private Limited, originally signed on 24th July 2025 for supply of tactical communication equipment and solutions. The termination is due to unforeseen developments and changes in the prevailing business and market environment. The parties did not take any steps under the agreement after execution, so there is no material impact from the termination.
Likely market impact
Minimal impact as no steps were taken under the agreement post execution; partnership effectively never operationalised.