NSEUpdates3d ago · 25 Jul 2026, 10:51 am
Updates
Neueon Corporation Limited · NEUEON
✦ AI Summary▲ PositiveOrder Win
Neueon Corporation Limited has entered into a procurement partnership with Elcom Innovations Private Limited for the supply of tactical communication equipment and solutions worth approximately ₹150 crore over the next 12 months.
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Earnings Impact6/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10
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Full Announcement
Neueon Corporation Limited has informed the Exchange regarding 'Additional Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Procurement Partnership/ MOU with Elcom Innovations Private Limited'.
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Ref: NCL/2026-27/0330/LSD
Date: 25th 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: Additional Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 -
Procurement Partnership/ MOU with Elcom Innovations Private Limited.
Ref: NCL/2026-27/0329 /LSD Date: 24th July 2026
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.
This is with regards to announcement made on 24th July 2026 vide letter NCL/2026-27/0329 /LSD ,
we would like to state that has secured orders worth approximately ₹150 crore from Elcom for the
supply of tactical communication equipment and solutions over the next 12 months.
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 Company has secured orders worth approximately
₹150 crore from Elcom for the supply of tactical
communication equipment and solutions over the
next 12 months.
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”