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NEUEONNSENeueon Corporation LimitedHighNegative
Announced Fri, 7 Nov, 2025 · 17:06 IST

Wholetime Director resigns; new non-executive director appointed

Kmp ResignedManagement Changes View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

Vijayendra Santharam Seranyan Pasumarthi resigned as Wholetime Director after market close on November 7, 2025, citing personal and unavoidable circumstances. He said there were no other material reasons. Bolla Durga Vara Prasad joined as an additional non-executive director. For the September 2025 quarter, revenue was Rs 4.12 crore and net loss Rs 88.91 crore.

Likely market impact

The departure may concern investors, although no adverse reason was disclosed. The quarter's Rs 88.91 crore loss and uncertainty over asset values add execution risk.