NSEGeneral Updates9 Sept 2026 · 9 Sept 2026, 05:31 pm

General Updates

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.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10

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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.