NewsOrders & DealsNeueon Corporation Limited Incorporates Wholly Owned Subsidiary Neueon Enterprises LimitedNeueon Corporation Limited Incorporates Wholly Owned Subsidiary Neueon Enterprises Limited
Neueon Corporation Limited has incorporated Neueon Enterprises Limited as a wholly owned subsidiary on December 10, 2025, with ₹10.00 lakh authorized capital and ₹1.00 lakh paid-up capital. The subsidiary aims to aggregate and manage high-value assets while enhancing liquidity and investment opportunities. NEL has been registered with ROC Hyderabad and is yet to commence business operations.
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Neueon Corporation Limited has announced the incorporation of a wholly owned subsidiary, Neueon Enterprises Limited (NEL), on December 10, 2025. The company informed stock exchanges BSE and NSE about this strategic development, following the outcome of a board meeting held on November 7, 2025.
Subsidiary Structure and Capital Details
The newly incorporated subsidiary has been established with a well-defined capital structure to support its operational objectives.
| Parameter: | Details |
|---|---|
| Authorized Capital: | ₹10.00 lakh |
| Share Structure: | 1,00,000 equity shares of ₹10.00 each |
| Paid-up Capital: | ₹1.00 lakh |
| Issued Shares: | 10,000 equity shares of ₹10.00 each |
| Shareholding: | 100% held by Neueon Corporation Limited |
| Registration: | Registrar of Companies, Hyderabad |
Strategic Objectives and Business Focus
Neueon Enterprises Limited has been established with specific strategic objectives aimed at enhancing the parent company's asset management capabilities. The subsidiary will serve as a platform for aggregating and managing high-value assets, ensuring structured consolidation across the organization. The company expects this initiative to deliver enhanced liquidity management and provide improved access to investment opportunities.
The subsidiary is currently in its initial phase and has not yet commenced business operations. Consequently, NEL has no turnover to report at this stage, as business activities are expected to begin following the completion of incorporation formalities.
Regulatory Compliance and Disclosure
The incorporation has been carried out in full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company has provided comprehensive details to stock exchanges as required under regulatory frameworks.
Neueon Corporation Limited, formerly known as Neueon Towers Limited, is currently in the process of incorporating the new name as per regulatory requirements. The company trades on BSE with scrip code 532887 and on NSE with the symbol NTL.
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