Neueon Corporation MD, chairman, board of directors and AGM
NSE: NEUEONBSE: 532887Electrical EquipmentSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹11.99.
- Delivery only: shares bought must be paid for in full, with no selling on the same day.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹659 Cr1,796th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 11 May 2026
- 3.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 31 Jul 2026
- −52.3%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹71 crore of one-off items, the largest of them in the quarter to Dec 2025.
- −40.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 31 Jul 2026
- −89.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 11 May 2026
- 0.19
- Volume, NSEVolume. Shares traded on the last trading day.
- 31,567
Neueon Corporation board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonKrishnamurthy Vijayan
- Managing directorSudheer Rayachoti
6 directors3 independent1 executive2 non-executive
- Krishnamurthy Vijayan · ChairpersonNon-executive · joined Nov 2025 · reappointed Nov 2025 · 11 months as independent · 2 listed boards · 1 as independent · 1 committee seat, 1 as chair
- Sudheer Rayachoti · Managing directorExecutive · joined Nov 2024 · reappointed Nov 2024 · 23 months as independent · 1 listed board · 2 committee seats
- Neelapala MunneyaIndependent · joined Nov 2024 · reappointed Nov 2024 · 23 months as independent · 1 listed board · 1 as independent · 2 committee seats
- Purusothama Reddy MarrikuntaIndependent · joined Dec 2024 · reappointed Dec 2024 · 22 months as independent · 1 listed board · 1 as independent
- Pasala AnupamaIndependent · joined Nov 2024 · reappointed Nov 2024 · 23 months as independent · 2 listed boards · 2 as independent · 2 committee seats
- Bolla Durga Vara PrasadNon-executive · joined Nov 2025 · reappointed Nov 2025 · 11 months as independent · 1 listed board
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
2 directors who left
- Surabhi Verma, left 3 Jan 2026: Others
- Vijayendra Santharam Seranyan Pasumarthi, left 7 Nov 2025: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 23 Sep 20265 of 6 present3 independent · 53 days in between
- 31 Jul 20266 of 6 present3 independent · 90 days in between
- 1 May 20265 of 6 present3 independent
Audit Committee
Chair Purusothama Reddy Marrikunta
Sudheer Rayachoti, Neelapala Munneya, Pasala Anupama
- 23 Sep 20264 of 4 present3 independent · 53 days in between
- 31 Jul 20264 of 4 present3 independent · 90 days in between
- 1 May 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Pasala Anupama
Neelapala Munneya, Purusothama Reddy Marrikunta
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair Purusothama Reddy Marrikunta
Sudheer Rayachoti, Neelapala Munneya
No meeting listed in the filing.
Management Committee
Chair Sudheer Rayachoti
Purusothama Reddy Marrikunta, Bolla Durga Vara Prasad
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- M/s. ASKM & CoPeer-review certificate valid to Mar 2027
1 earlier auditor
- RPSV & Co.Named in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Neueon Corporation AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Neueon Corporation share news and announcements
Annual general meeting, 5 Sep 2026
18,491 shareholders on the register on 31 Aug 2026; present: 1 promoter and 44 others; votes counted by Y Ravi Prasada Reddy / RPR & Associates.The company's voting result (opens in a new tab)
- Approval of Standalone and Consolidated Financial Statements for the year 2025-26 along with Report of Board and AuditorsOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 21.36%
Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.43%
- To appoint a director in place of Mr. Durga Vara Prasad Bolla (DIN: 11178704) who retires by rotation and being eligible, offers himself, for re-appointmentOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 21.43%
Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.43%
- Authorization to the Board to enter into related party transactions as per applicable law for the financial year 2026-27Ordinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 23.32%
Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.43%
- Approval of Material Related Party Transactions of the company for the financial year 2026-27OrdinaryPromoters have an interest in it78.57% for21.43% against
Against: promoters 0.00% · institutions 0.00% · other public 21.43%
Turnout: all 0.04% · promoters 0.00% · institutions 0.00% · other public 0.43%
- Shifting of Registered Office of the CompanySpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 21.44%
Turnout: all 90.04% · promoters 100.00% · institutions 0.00% · other public 0.43%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 5 Feb 2026, 4 resolutions
19,113 shareholders on the register on 2 Jan 2026; votes counted by Y Ravi Prasada Reddy / RPR & Associates.The company's voting result (opens in a new tab)
- Appointment of Mr. Durga Vara Prasad Bolla (DIN: 11178704) as a Non-Executive Non-Independent Director of the CompanyOrdinary99.48% for0.52% against
Against: promoters 0.00% · institutions 0.00% · other public 0.52%
Turnout: all 0.68% · promoters 0.00% · institutions 0.00% · other public 0.69%
- Approval of Material Related Party Transactions of the Company for the years 2025-26 & 2026-27.OrdinaryPromoters have an interest in it98.82% for1.18% against
Against: promoters 0.00% · institutions 0.00% · other public 1.18%
Turnout: all 0.68% · promoters 0.00% · institutions 0.00% · other public 0.69%
- Approval of Material Related Party Transactions of the Material Subsidiaries of the Company for the years 2025-26 & 2026-27.OrdinaryPromoters have an interest in it98.82% for1.18% against
Against: promoters 0.00% · institutions 0.00% · other public 1.18%
Turnout: all 0.68% · promoters 0.00% · institutions 0.00% · other public 0.69%
- Appointment of Mr. Krishnamurthy Vijayan (DIN: 00589406) as a Chairman & Non-Executive Non-Independent Director of the Company.Ordinary99.48% for0.52% against
Against: promoters 0.00% · institutions 0.00% · other public 0.52%
Turnout: all 0.68% · promoters 0.00% · institutions 0.00% · other public 0.69%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake heldNEUEON GLOBAL LIMITEDSince 9 Dec 2025
0.00% bought in the quarter; holding 100.00%, from 100.00%
- Unlisted stake heldNEUEON ENTERPRISES LIMITEDSince 10 Dec 2025
0.00% bought in the quarter; holding 100.00%, from 100.00%
- Unlisted stake heldNEUEON POWER LIMITEDSince 19 Dec 2025
0.00% bought in the quarter; holding 100.00%, from 100.00%
- Unlisted stake heldDIGITECH BUSINESS SYSTEMS LIMITEDSince 3 Apr 2007
0.00% bought in the quarter; holding 100.00%, from 100.00%
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.