BSECompany Update4d ago · 24 Jul 2026, 04:41 pm

The company has entered into procurement partnership/MOU with Elcom Innovations Private limited as per attached letter.

Neueon Corporation Ltd · 532887

✦ AI Summary▲ PositiveOrder Win

Neueon Corporation Ltd has entered into a procurement partnership/MOU with Elcom Innovations Private Limited for the supply of tactical communication equipment and solutions. The order is valued at approximately ₹ 35,00,00,000 and is to be completed by July 23, 2027.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Neueon Corporation Ltd - 532887 - Announcement under Regulation 30 (LODR)-Memorandum of Understanding /Agreements

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Ref: NCL/2026-27/0329 /LSD Date: 24th July 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 under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Procurement Partnership/ MOU with Elcom Innovations Private Limited. In pursuance of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Neueon Corporation Limited (“the Company”) hereby informs you that the Company has entered into Procurement Partnership/MOU with Elcom Innovations Private Limited. 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 Additional Details a. Name of the Entity awarding the Procurement Partnership with Elcom Innovations Orders Private Limited b. Significant Terms and Conditions Procurement Partnership/MOU agreement dated 24th July 2025 with Elcom Innovations Private Limited for supply of tactical communication equipment and solutions. c. Whether order have been awarded by Domestic Domestic or International entity d. Nature of orders Procurement of raw materials e. Whether domestic or international Domestic f. Time period by which the orders are to Deliverables to be completed by July 23, 2027 be executed g. Broad consideration or size of the Order Approximately ₹ 35,00,00,000/- (Rupees Thirty-five crores Only) (exclusive of tax) in different tranches. h. Whether the promoter/promoter group No companies have any interest in the entity that awarded the order, if yes nature of interest and details thereof i. Whether the order would fall within No related party transactions? If yes, whether the same is done at “arm’s length”