Withdrawal of Rights Issue proposal of up to Rs 150.79 Crores

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NEUEON · price

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Price reactionminutes from the announcement price · days from the prior close

+3.3%Reaction day

₹11.80

prior close

₹12.22

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.2%+3.5% vs market

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.2

10m

-0.2

15m

-0.2

30m

-0.2

Sessions after the filingfrom the prior close

StockMarketvs market

Reaction day

+3.3-0.2+3.5

Next day

-0.8-0.1-0.8

-3.6-3.4-0.3

-3.7-3.5-0.2

-3.7-2.7-1.1

-4.6-1.1-3.5

+5.4-0.8+6.3

15d

+22.9-2.9+25.7

+7.6-3.5+11.1

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UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Neueon Corporation has withdrawn its Rights Issue proposal of up to Rs 150.79 Crores, earlier approved by the Board on July 31, 2026. The company said delays in completing regulatory and procedural formalities changed the timing and immediacy of its funding needs. The disclosure is made under Regulation 30 of SEBI LODR.

Likely market impact

Deferred capital raise; near-term neutral, but funding plans pushed back and may revisit later.