Neueon Corporation Limited to List on BSE and NSE from December 23, 2025
Neueon Corporation Limited, formerly Neueon Towers Limited, will begin trading on BSE and NSE from December 23, 2025, following corporate restructuring under the Insolvency and Bankruptcy Code. The company's shares will trade in the T Group with a face value of ₹1 per share. The restructuring includes a capital reduction, with public shareholders retaining 10% of equity and 90% allotted to the Successful Resolution Applicant. The NCLT-approved plan was implemented on October 23, 2024, marking a significant transformation for the company.
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Neueon Corporation Limited (formerly Neueon Towers Limited) is set to commence trading on Indian stock exchanges from December 23, 2025, marking a significant milestone following its corporate restructuring under the Insolvency and Bankruptcy Code, 2016.
Listing Details and Trading Commencement
The company will be listed and available for trading on both BSE Limited and National Stock Exchange of India Limited from Tuesday, December 23, 2025. The securities will be placed in the T Group of Securities and will continue to trade in the Trade-to-Trade segment in accordance with BSE Notice No. 20250702-33 dated July 02, 2025.
| Parameter | Details |
|---|---|
| Listing Date | December 23, 2025 |
| BSE Scrip Code | 532887 |
| NSE Symbol | NEUEON |
| Total Equity Shares | 5,65,44,552 |
| Face Value | ₹1.00 per share |
| Trading Segment | Trade-to-Trade |
Corporate Name Change and Restructuring
As part of the restructuring process, the company has officially changed its name from Neueon Towers Limited to Neueon Corporation Limited, effective from December 23, 2025. This change reflects the company's evolution following the implementation of the NCLT-approved resolution plan.
The resolution plan was approved by the National Company Law Tribunal (NCLT), Hyderabad Bench, on October 23, 2024, under the provisions of the Insolvency and Bankruptcy Code, 2016. The plan includes significant changes to the company's shareholding structure and capital composition.
Capital Reduction and Shareholding Structure
Under the NCLT-approved resolution plan, the company has undergone a capital reduction process that has restructured its equity base. The public shareholders, including both public investors and erstwhile promoters, will hold 10.00% of the company's total issued, subscribed, and paid-up equity share capital. The remaining 90.00% of the shares will be allotted to the Successful Resolution Applicant (SRA) or its nominees.
| Shareholding Category | Percentage |
|---|---|
| Public Shareholders | 10.00% |
| Successful Resolution Applicant | 90.00% |
The public shareholding of 5,65,44,552 equity shares has been reduced from a face value of ₹10.00 each to ₹1.00 each as part of this restructuring process.
Trading and Compliance Framework
The company will be part of the special pre-open session for IPO and other category of scrips as per SEBI guidelines. Market participants should note that equity shares allotted in dematerialized mode have been credited under the temporary ISIN in accordance with SEBI circular no. CIR/MRD/DP/21/2012 dated August 02, 2012.
The record date for giving effect to the resolution plan was fixed as December 06, 2024, as per Exchange Notice No. 20241202-57 dated December 02, 2024. All future compliance and reporting requirements will be handled through the NSE Electronic Application Processing System (NEAPS) for streamlined regulatory submissions.
Company Information
Neueon Corporation Limited operates from its registered office at Survey No. 321, Turkala Khanapur Village, Hathnora Mandal, Sangareddy District, Telangana-502296, with its corporate office located in Hyderabad. The company's CIN is L40109TG2006PLC049743, and it maintains its web presence at www.neueon.in .
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