Outcome of Board Meeting

Ref: NCL/2026-27/0368/LSD Date: September 23, 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 Mumbai- 400001 Bandra Kurla Complex, Bandra (E), Mumbai 400 051 Scrip code: 532887 Scrip symbol: NEUEON Dear Sir/Madam, Sub: Outcome of the Board Meeting held on Wednesday, September 23rd, 2026. This is to inform you that pursuant to Regulations 30 of the Securities and Exchange Board of India (Listing obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of the company at its meeting held on today i.e., Wednesday, September 23rd, 2026, has inter-alia considered and approved the following items of business: 1. To consider and recommend for the approval of members of the Company, raising of funds by way of issuance of such number of equity shares having face value of ₹ 1 each of the Company and / or other eligible securities or any combination thereof (hereinafter referred to as (“Securities”), for an aggregate amount not exceeding ₹ 300 crore or an equivalent amount thereof by way of any permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method or combination of methods as may be permitted under applicable laws, subject to the receipt of shareholders’ approval through postal ballot and such other regulatory / statutory approvals, as may be required. The details as required under Regulation 30 of the SEBI Listing Regulations read along with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given as Annexure-I. 2. Delegation of Powers to the Management Committee for the Issue and Allotment of Equity Shares and/or Other Eligible Securities for Raising of Funds up to ₹300 Crore. 3. To consider and recommend for the approval of members of the Company, alteration of the Article of Association of the company. The details as required under Regulation 30 of the SEBI Listing Regulations read along with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are given as as Annexure-II. 4. Approved the proposal to seek the approval of the members of the Company by way of Postal Ballot through remote e-voting facility only, in accordance with the provisions of the Companies Act, 2013 read with applicable rules and SEBI (LODR) Regulations, 2015, for the following matters: a) Approval of material related party transactions for the year 2026-27; b) Raising capital from eligible investors through an issuance of equity shares and/or other eligible securities; c) Alteration of the Articles of Association of the company; The Board has severally authorized the Managing Director and/or Company Secretary & Compliance O(cid:431)icer of the Company to take all necessary steps for issuance of the Postal Ballot Notice and completion of the remote e-voting process in compliance with applicable laws and regulations. The Company shall send the Postal Ballot Notice by electronic mode to all members whose email addresses are registered with the Company / Depository / Depository Participants. The assent or dissent of the members shall be obtained only through the remote e-voting system. The calendar of events relating to the Postal Ballot process has been disclosed as Annexure-III. 5. Appointed M/s. RPR & Associates, Practicing Company Secretaries as the Scrutinizer to scrutinize the Postal Ballot process through remote e-Voting in fair and transparent manner. The Board Meeting commenced at 04:00 p.m. and concluded at 04:18 p.m. We request you to take this information on record. Thanking you, Yours sincerely, For Neueon Corporation Limited Subrat Sahoo Company Secretary & GM-Legal Encl: a/a Annexure-I DISCLOSURE OF MATERIAL EVENT UNDER REGULATION 30 OF SEBI (LISTING OBLIGATION AND DISCLOUSRE REQUIREMENTS) REGULATION, 2015 The details required under Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, the Company hereby discloses the material event as provided in the Schedule III of Listing Regulations: S. Particulars Details 1 Type of securities proposed to be issued (viz. Equity Shares and / or other eligible securities equity shares, convertibles etc.) (hereinafter referred to as “Securities”) or any combination thereof, in accordance with applicable law, in one or more tranches. 2 Type of issuance (further public offering, By way of any permissible modes, including but rights issue, depository receipts (ADR/GDR), not limited to a private placement, a qualified qualified institutions placement, preferential institutions placement, preferential issue, or allotment etc.) any other method or combination of methods as may be permitted under applicable laws, subject to the receipt approval of the shareholders through postal ballot and such other regulatory / statutory approvals, as may be required. 3 Total number of securities proposed to be Upto an aggregate amount not exceeding Rs. issued or the total amount for which the 300 crore or an equivalent amount thereof securities will be issued (approximately) (inclusive of such premium as may be fixed on such Securities) in one or more tranches at such price or prices as may be permissible under applicable law. 4 In case of preferential issue the listed entity Not Applicable shall disclose the following additional details to the stock exchange(s) 5 In case of bonus issue the listed entity shall Not Applicable disclose the following additional details to the stock exchange(s) 6 In case of issuance of depository receipts Not Applicable (ADR/GDR) or FCCB the listed entity shall disclose following additional details to the stock exchange(s): 7 In case of issuance of debt securities or other Not Applicable non-convertible securities the listed entity shall disclose following additional details to the stock exchange(s): 8 Any cancellation or termination of proposal Not Applicable for issuance of securities including reasons thereof Annexure-II DISCLOSURE OF MATERIAL EVENT UNDER REGULATION 30 OF SEBI (LISTING OBLIGATION AND DISCLOUSRE REQUIREMENTS) REGULATION, 2015 The details required under Regulation 30 read with Part A of Schedule III of the SEBI (LODR) Regulations, 2015 read with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated January 30, 2026, the Company hereby discloses the material event as provided in the Schedule III of Listing Regulations: The Board of Directors of the Company at its Meeting held on September 23, 2026 subject to approval of the shareholders to be obtained, has proposed to amend/ substitute article no. 22(i) of Article of Association of the Company. Substitution of the existing Article 22(i) with the following: “The Board may, from time to time, make calls upon the members in respect of any monies unpaid on their Shares (whether on account of the nominal value of the Shares or by way of premium) and not by the conditions of allotment thereof made payable at fixed times: Provided that the Board may make one, two, or multiple calls, and that no such call shall be payable less than 15 days from the date fixed for payment of the last preceding call.” Annex-III CALENDAR OF EVENTS FOR POSTAL BALLOT S. No Event description Dates 1 Date of Board approval for September 23, 2026 obtaining shareholders' approval through Postal Ballot. 2 Date of Appointment of September 23, 2026 Scrutinizer. 3 Cut-off date for mailing Postal September 23, 2026 Ballot Notice to shareholders. 4 Date of dispatch of Postal Ballot by September 29, 2026 Notice by email to Shareholders. 5 Publication of newspaper by September 30, 2026 advertisement. 6 Postal Ballot - E-voting Start [Date September 30, 2026 & time]. (9:00 am) 7 Postal Ballot - E-vo [Showing first 8,000 characters — download PDF for full document]