With reference to captioned subject, we would like to inform that CARE Ratings Limited through its letter dated 12th January 2026 received email on 13th January 2026, has independently assigned ratings to the company. However, we would like clarify that the same was unsolicited and not sought by the company. Letter attached.
Awaiting price reaction for this filing.
CARE Ratings Limited has independently assigned a credit rating to Neueon Corporation Limited, communicated via letter dated 12th January 2026 and received by the company on 13th January 2026. The company has clarified that this rating was unsolicited and was not requested by them. The specific rating assigned has not been disclosed in this filing. CARE Ratings is known to assign such ratings on its own initiative without the company's participation.
Since the rating was unsolicited, it may have limited market influence, but investors should still review the assigned rating as it reflects CARE's independent view of the company's creditworthiness. No immediate material impact on shareholders is expected from this clarification alone.