Neueon Corporation Limited Intimates Change of Promoter Name to Neueon Consol Private Limited

Neueon Corporation Limited has submitted an intimation to the Listing Compliance Departments of BSE Limited and National Stock Exchange of India Limited regarding a change in the name of its promoter entity. The notification, dated April 28, 2026, confirms that M/s. Preca Structures Private Limited has changed its name to M/s. Neueon Consol Private Limited.

Details of the Change

The name change has been effected as per the Certificate of Incorporation issued by the Ministry of Corporate Affairs, Government of India. The Corporate Identification Number (CIN) of the promoter entity remains U25110TS2024PTC186984.

Shareholding Details

The promoter holds a substantial stake in Neueon Corporation Limited. The following table outlines the key shareholding details:

Sr. No.	Particulars	Details
1.	Name of the Promoter (Previous Name)	M/s. Preca Structures Private Limited
2.	Name of the Promoter (New Name)	M/s. Neueon Consol Private Limited
3.	Date of Change of Name	April 28, 2026
4.	CIN of the Promoter	U25110TS2024PTC186984
5.	Number of Equity Shares held by the Promoter	50,89,00,968 equity shares of Re. 1/- each
6.	Percentage of Shareholding	90% of total paid-up share capital
7.	Reason for Change of Name	Change of name of the Promoter Company as per the Certificate of Incorporation issued by the Ministry of Corporate Affairs, Government of India

The intimation was signed by Sudheer Rayachoti, Managing Director of Neueon Corporation Limited, bearing DIN 01914434. The notification was filed under Regulation 30 of the listing regulations.

Neueon Corporation Limited has successfully obtained trading approval from both major Indian stock exchanges for a substantial equity share allotment. The company announced that it received approval from BSE Limited and National Stock Exchange of India Limited for trading of 50,89,00,968 equity shares of Re. 1/- each issued on a preferential basis.

Trading Approval Details

The trading approvals were granted on April 07, 2026, with trading commencing from April 08, 2026. The approvals came through BSE Limited vide Notice No. 20260407-15 and from National Stock Exchange of India Limited vide letter bearing No. NSE/LIST/ 54259, both dated April 07, 2026.

Parameter:	Details
Number of Shares:	50,89,00,968
Face Value:	Re. 1/- each
Issue Type:	Preferential basis
Trading Start Date:	April 08, 2026
Distinctive Numbers:	56544553 to 565445520

Regulatory Background

These equity shares were issued pursuant to a Resolution Plan approved by the Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench, through its order dated October 23, 2024. The allotment date for these shares was November 07, 2025. The shares rank pari-passu with the existing equity shares of the company, providing equal rights and privileges to the holders.

Lock-in Period and Trading Restrictions

The newly approved shares are subject to specific lock-in provisions as mandated by regulatory requirements. All 50,89,00,968 shares bearing distinctive numbers from 56544553 to 565445520 will remain under lock-in until April 14, 2027. This lock-in period ensures compliance with securities regulations governing preferential allotments.

Exchange Notifications

Both exchanges issued formal notifications confirming the listing and trading permissions. BSE Limited's notice categorized this under company-related developments in the equity segment, while NSE's communication was addressed to Company Secretary Mr. Subrat Sahoo. The exchanges emphasized that these shares are now listed and admitted to dealings on their respective platforms.

Corporate Information

Neueon Corporation Limited, formerly known as Neueon Towers Limited, maintains its registered office at Survey No.321 Turkala Khanapur (V) Hathnoora Mandal, Sangareddy District, Telangana. The company's corporate office is located at Unit No. 204, Ashoka Capitol, Road No. 2, Banjara Hills, Hyderabad. The company trades under scrip code 532887 on BSE and symbol NEUEON on NSE.