NSEGeneral Updates9 Sept 2026 · 9 Sept 2026, 05:31 pm
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Neueon Corporation Limited · NEUEON
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Neueon Corporation Limited has terminated its procurement partnership with Elcom Innovations Private Limited due to unforeseen developments and changes in the business and market environment.
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Full Announcement
Disclosure of Termination of Procurement Partnership/ MOU with Elcom Innovations Private Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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NTL_09092026173041_NCL_announcement_MOU_termination_signed.pdf
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Ref: NCL/2026-27/0362/LSD
Date: 09th Sep 2026
The Listing Compliance Department The Listing Compliance Department
M/s. BSE Limited M/s. National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1, G Block,
Dalal Street Bandra Kurla Complex, Bandra (E),
Mumbai- 400001 Mumbai 400 051
Scrip code: 532887 Scrip symbol: NEUEON
Dear Sir/Madam,
Sub: Disclosure of Termination of Procurement Partnership/ MOU with Elcom Innovations
Private Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015.
Ref: Corporate Announcement made on 24th July 2026 and 25th July 2026
In pursuance of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, Neueon Corporation Limited (“the Company”) hereby informs that the Company
has discontinued Procurement Partnership/ MOU with Elcom Innovations Private Limited due to
unforeseen developments and changes in the prevailing business and market environment.
We are herewith enclosing the additional details as required under SEBI Master Circular No.
SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.
This is for the information of all the stakeholders of the Company.
Thanking you,
Yours sincerely,
For Neueon Corporation Limited
Sudheer Rayachoti
Managing Director
DIN 01914434
Annexure-I
Additional Details
a. Name of parties to the Procurement Partnership with Elcom Innovations
order(s)/contract(s); Private Limited
b. Nature of the order(s)/contract(s); Procurement Partnership/MOU agreement dated
24th July 2025 with Elcom Innovations Private
Limited for supply of tactical communication
equipment and solutions.
c. Date of execution of the 24th July 2025
order(s)/contract(s)
d. Details of amendment or reasons for Due to unforeseen developments and changes in
terminations and impact thereof (to the the prevailing business and market environment
extent possible); ,the Company has discontinued Procurement
Partnership/ MOU with Elcom Innovations Private
Limited. The Parties to the Agreement did not take
any steps post execution of this Procurement
Partnership/MOU agreement, there is no impact on
the termination of this Agreement.