NEUEONNSENeueon Corporation LimitedHighNeutral
Announced Fri, 31 Jul, 2026 · 16:54 IST

Q1 FY27 results OK'd; rights issue of up to Rs 150.79 cr planned

Price reaction

Awaiting price reaction for this filing.

AI summary

Board approved unaudited Q1 FY27 (June 2026) results reviewed by statutory auditors ASKM & Co. Also cleared a rights issue of partly paid-up shares worth up to Rs 15,079 lakhs to meet minimum public shareholding rules. Registered office shift to Hyderabad needs shareholder approval at the AGM on September 5, 2026.

Likely market impact

Rights issue may dilute existing holdings but brings the company into compliance with public shareholding norms.