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Neueon Corporation share news, announcements and annual reports

NSE: NEUEONBSE: 532887Electrical EquipmentSmall Cap

Neueon Corporation Limited · Formerly Neueon Towers · Face value ₹1 · Listed Aug 2007 on BSE, Jul 2010 on NSE
Last close ₹11.00up ₹0.30 (2.80%)BSE ₹11.30

Share price at the NSE close on 29 Oct 2026. Previous close ₹10.70.

29 Oct: open ₹10.75, high ₹11.23, low ₹10.42

Market cap
₹622 Cr1,796th largest listed
P/E
Lossover the last 12 months
P/B
2.82
Dividend yield
Nonein the last 12 months
ROE
−52.3%
ROE without one-offs
−40.1%
ROCE
−89.4%
Debt to equity
0.19
Volume, NSE
29,809

Neueon Corporation share news and announcements

532 announcements, routine notices left out, newest first. Page 11 of 11.

  1. Jan 2010

    • 22 Jan · Board meeting

      To consider and approve the Un-audited financial results of the Company for the quarter ended December 31, 2009, along with other business and any other matters as may be permitted by the Chairman.
  2. Dec 2009

    • 28 Dec · Outcome of meeting

      Pursuant to the special resolution passed by the members of the Company through Postal Ballot on December 19, 2009 and the approvals given by the Stock Exchanges, the Management Committee of the Board of Directors of the Company at their meeting held on December 21, 2009 has approved the resolution to issue and allot 32,00,000 lakhs equity shares and 3,13,00,000 convertible warrants of Rs.5/- each at a premium of Rs. 50/- per share/warrant to the Promoter's group under Section 81(1A) of the Companies Act, 1956 by way of Preferential Basis.
    • 24 Dec · Board meeting

      Management Committee of the Board of Directors of the Company in its meeting held on December 23, 2009. has decided to open the issue of Global Depository Receipts (GDRs) to an extent of US$ 30.00 Millions on December 23, 2009. The Meeting was adjourned and in the adjourned meeting, it has also been decided to close the GDR Issue on December 23, 2009 itself. Accordingly the Company has opened and closed the GDR issue upto US$ 30.00 Millions on December 23, 2009. Further to inform, that the Management Committee in its adjourned meeting held on December 23, 2009: (i) Has allotted 53,57,140 Global Depositary Receipts (GDRs) (representing 2,67,85,700 equity shares of Rs.5/- each) at a price of US $ 5.60 per GDR. (ii) Has allotted 1,00,00,000 equity shares of Rs.5/- each at a premium of Rs.50/- per share by way of conversion of 1,00,00,000 convertible warrants which were allotted on December 21, 2009.
    • 23 Dec · Board meeting

      Meeting of the Committee of the Board of Directors of the Company will be held on December 23, 2009, to consider and decide the date of opening of the issue of GDRs upto an amount of US$ 30.00 Millions.
    • 22 Dec · Board meeting

      Meeting of the Board of Directors and the Audit Committee of the Company will be held on December 29, 2009, to consider and approve the Draft Annual Accounts of the Company for the financial year ended September 30, 2009, along with other business and any other matters as may be permitted by the Chairman.
    • 21 Dec · Meeting

      Following resolutions had been passed by the members of the Company through Postal Ballot on December 19, 2009: (1) Further issue of 32,00,000 equity shares and 3,13,00,000 convertible warrants to Promoters Group through preferential issue; (2) Increasing of borrowing limits of the Company from Rs.800 Crores to Rs.1200 Crores. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  3. Nov 2009

    • 23 Nov · Meeting

      Board of Directors of the Company at their meeting held on November 14, 2009 approved the proposal to pass the following Resolutions through postal ballot: (1) Proposal of further issue of 32,00,000 equity shares and 3,13,00,000 convertible warrants to Promoters Group through preferential issue; and (2) Proposal of increase borrowing limits of the Company from Rs.800 crores to Rs.1200 crores. A copy of the notice of postal ballot shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 16 Nov · Allotment of shares/ others

      The following resolutions had been passed by the Board of Directors of the Company at Meeting held on 14th November, 2009. (1) Allotment of 11,11,111 equity shares of Rs.5/ each at a premium of Rs. 31/- to M/s Brand Equity Treaties Limited, Thane, Maharashtra under Non-Promoters category through private placement as preferential issue. (2) Approved the proposal of further issue of 32,00,000 equity shares and 3,13,00,000 convertible warrants to Promoters Group through preferential issue, subject to the Members of the Company through Postal Ballot. (3) Approved the proposal of increase borrowing limits of the Company from Rs.800 Crores to Rs.1200 Crores, subject to the Members of the Company through Postal Ballot. (4) Approved the draft notice of the Postal Ballot for obtaining approval from the Members of the Company for the items mentioned under SI. No. 2 & 3 above
  4. Oct 2009

    • 26 Oct · Meeting

      Following resolutions had been passed by the members of the Company at their Extraordinary General Meeting held on October 24, 2009: 1) Increase of Authorized Share Capital of the Company from Rs.55.00 Crores to Rs.100.00 Crores. 1A) Further issue of Equity Shares and Convertible Warrants of the Company to Promoters and Non-promoters under section 81(1a) of the Companies Act, 1956 by way of preferential issue to an extent of Rs.10 crores. 2) Issue of Global Depository Receipts (GDRs) to an extent of US $ 40 million. 3) Issue of Foreign Currency Convertible Bonds (FCCBs) to an extent of US $ 40 million. 4) Appointment of Shri K. Raghavaiah, Director of the Company as Whole Time Director. 5) Making available of the registers and records required to be maintained under various provisions of the Companies Act, 1956 for inspection. 6) Appointment of Shri Y. Kamesh, as Managing Director of the Company.
    • 20 Oct · Updates

      Addendum to notice dated September 22, 2009 convening Extraordinary General Meeting of the members of the Company scheduled to be held on October 24, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 14 Oct · Results

      Company will publish/furnish the audited financial results for the Financial Year ended September 30, 2009 within a period of 3 months from the close of financial year i.e. before December 31, 2009. Hence, the unaudited financial results for the quarter ended September 30, 2009 are not being published/ furnished.
    • 8 Oct · Meeting

      Notice of the Extraordinary General Meeting of the company proposed to be held on October 24, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  5. Sep 2009

    • 22 Sep · Board meeting

      Following items were considered and approved by the Board of Directors of the Company at their meeting held on September 22, 2009: 1) Issue of Global Depository Receipts (GDRs) to an extent of US $ 12 million. 2) Issue of Foreign Currency Convertible Bonds (FCCBs) to an extent of US $ 12 million. 3) Further issue of equity shares/convertible warrants of the Company to Promoters and Non-Promoters under Section 81(1A) of the Companies Act, 1956 by way of Preferential Issue to an extent of Rs.10 crores. 4) Approval of the draft notice for the Extraordinary General Meeting of the Company and to fix the date, venue therefor.
    • 18 Sep · Board meeting

      To consider the following: (1) Issue of Global Depository Receipts (GDRs).(2) Issue of Foreign Currency Convertible Bonds (FCCBs).(3) Further issue of equity share/ convertible warrants through Preferential Issue.(4) Any other matter with the permission of the Chair.
  6. Aug 2009

    • 20 Aug · Management

      Shri Y. Kamesh hitherto working as Chief Operating Officer of the Company was appointed as Managing Director of the Company in place of Shri G. Srinivasa Raju, who had resigned as Managing Director and intimated his interest to continue as Director on the Board of Directors of the Company and the same was approved by the Board at its meeting held on 29-07-2009
    • 18 Aug · Limited Review Report

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended June 30,2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
  7. Jul 2009

    • 20 Jul · Board meeting

      To consider and approve the Un-audited financial results of the company for the quarter ended June 30, 2009, along with other business and any other matters as may be permitted by the Chairman.
    • 13 Jul · Limited Review Report & Others

      Auditors have conducted the limited review for the un-audited financial results for the quarter ended March 31, 2009 alongwith the comments of Statutory Auditors and the Explanation of the Company. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 9 Jul · Proceedings

      As per the authorization given by the Board of Directors of the Company at their meeting held on April 29, 2009, the Management Committee of the Board of Directors of the Company at their meeting held on July 07, 2009 have transacted the following business: (1) Approved the resolution to issue further equity shares and convertible warrants of the Company to promoters and others aggregating to Rs.44.00 Crores (including premium and after conversion of warrants) by way of Preferential Allotment. (2) Approved the resolution to take decision for passing the special resolution by the members of the Company by postal ballot for raising of equity share capital by way of issuing further equity shares/warrants of the Company to the promoters and others under preferential allotment. (3) Approved the resolution to appoint Shri. Y. Ravi Prasada Reddy, Practicing Company Secretary as Scrutinizer for the postal ballot process. (4) Approved the resolution to authorize Shri. G. Srinivasa Raju, Managing Director and Shri. L. Narasimha Rao, Company Secretary to complete the process of postal ballot. (5) Approved the draft notice of the postal ballot. (6) Approved the calendar events for the postal ballot process.
  8. Jun 2009

    • 4 Jun · Updates

      Our TSF (Technological Structures Fabrication) Division headed by Shri K.Raghavaiah, Director (Technical), was adjudged by the BHEL, Trichy, as the "Best Sub Contractor for the year 2008-09". We are proud to be associated with BHEL by way of supply of Technological Structures, sub station structures and transmission towers from its repertoire of products. The note worthy aspect of this award is that, we could get this prestigious recognition just within 6 months of commencing operations at our TSF division, over taking numerous established and reputed peers. Sri K. Raghavaiah's acumen and vast experience in this stream by virtue of his previous stints as Managing Director of BHPV and as a very Senior Executive of BHEL has come to the fore in this endeavour. The Company is very confident that, the team under his stewardship of Shri K Raghaviah, it will reach new heights in manufacture of structures and sub assemblies for power projects in the country and abroad and will earn a par excellence rating for itself
  9. Apr 2009

    • 24 Apr · Outcome of meeting

      8,00,000 Optionally Fully Convertible Debentures (OFCDs) of Rs. 100/- each allotted to IFCI Limited on 23-10-2007 pursuant to (a) the Scheme of Arrangement and Amalgamation, which was approved by the Hon'ble High Court of Andhra Pradesh on 10th April 2007 and which came into effect from 4th May, 2007 and (b) Special resolution passed by the members of the Company under Section 81 (1A) of the Companies Act, 1956 at 1st Annual General Meeting held on 4-10-2007, have been converted into 4,92,308 equity shares of Rs. 5/- each at a premium of Rs. 157.50/- per share
    • 22 Apr · Board meeting

      To consider and approve the Un-audited Financial Results of the Company for the quarter ended March 31, 2009, along with other business and any other matters as may be permitted by the Chairman.
  10. Mar 2009

    • 13 Mar · Meeting

      Sujana Tower Limited has submitted a copy of the minutes of the 2nd Annual General meeting of the members of the company held on February 27, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corpor For more details click here.
    • 2 Mar · Meeting

      Members of the Company at the Annual General Meeting of the Company held on February 27, 2009: [1] Resolution for adoption of Annual Accounts, Directors and Auditors Reports of the Company for the period ended September 30, 2008. [2] Resolution for re-appointment of Sri S. Hanumantha Rao, as a Director. [3] Resolution for re-appointment of Sri R.K. Birla, as a Director. [4] Resolution for re-appointment of M/s R. Subramanian & Company, Chartered Accountants, Chennai as Statutory Auditors of the Company for the financial year 2008-09. [5] Resolution for regularisation of Shri S. Venkatachaiam, who was appointed as Additional Director of the Company on July 28, 2008. [6] Resolution for regularisation of Shri K. Raghavaiah, who was appointed as Additional Director of the Company on December 29, 2008.
  11. Feb 2009

    • 20 Feb · Meeting

      Annual General Meeting of the Members of the Company is proposed to be held on February 27, 2009.
    • 6 Feb · Disclosure

      Details of shares pledged by the shareholders of the Company, forming part of Promoters' Group of the Company under Regulation 8A of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Amendment) Regulations, 2009. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
    • 3 Feb · Corporate action

      Company has announced the Book Closure date from February 26, 2009 to February 26, 2009 for the purpose of holding Annual General Meeting of the Company.
  12. Jan 2009

    • 20 Jan · Board meeting

      To consider and approve the Un-audited financial results of the Company for the quarter ended December 31, 2008, along with other business and any other matters as may be permitted by the Chairman.
  13. Dec 2008

    • 18 Dec · Updates

      Following resolutions had been passed by the members of the Company in their Extraordinary General Meeting held on December 17, 2008. 1) Increase of Authorized Share Capital of the Company from Rs. 50.00 Crores to Rs. 55.00 Crores. 2) Increase in the Borrowing Limits of the Company upto Rs. 800.00 Crores. 3) Appointment of M/s R. Subramanian and Company, Chartered Accountants, Chennai, as Statutory Auditors of the Company in place of M/s Price Waterhouse, Chartered Accountants. 4) Alteration/ modification of certain clauses of the Articles of Association of the Company.
    • 16 Dec · Board meeting

      To consider and approve Audited Financial Results of the Company for the year ended September 30, 2008, (Consisting of 15 months from July 01, 2007 to September 30, 2008) along with other business and any other matter as may be permitted by the Chairman.
  14. Nov 2008

    • 26 Nov · Increase in authorised share capital/others

      Following resolutions has been passed by the Board of Directors of the Company in their meeting held on November 25, 2008 subject to approval of members of the company: 1) To increase the authorized share capital from Rs. 50.00 crores to Rs. 55.00 crores; 2) To increase the borrowing powers of the Company from Rs. 500.00 crores to Rs. 800.00 crores; 3) To appoint the M/s R. Subramanian and Company, Chartered Accountants, Chennai as Statutory Auditors for the financial year 2007-2008 in place of M/s Price Waterhouse, Chartered Accountants, Hyderabad; 4) To modify certain clauses of Articles of Association of the Company.
  15. Oct 2008

    • 22 Oct · Results

      The Company will publish/furnish the audited financial results for the Financial Year ended September 30, 2008 within a period of 3 months from the close of financial year i.e. before December 31, 2008. Hence, the unaudited financial results for the Quarter ended September 30, 2008 are not being published/furnished