Integrated Filing — IndAS



General information about company

Scrip Code 532887
NSE Symbol NEUEON
MSEI Symbol NOTLISTED
ISIN INE333I01044
Name of company Main Board
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 01-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 27-04-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing
Start date and time of board meeting 01-05-2026   14:00:00
End date and time of board meeting 01-05-2026   16:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 02-12-2024
Indicate Company website link for updated RPT policy of the Company www.neueon.in
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No outstanding loans and debt securities as on date



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 591.99 1,572.20
Other income 6.69 14.19
Total income 598.68 1,586.39
2 Expenses
(a) Cost of materials consumed 54.08 54.08
(b) Purchases of stock-in-trade 126.07 1,048.87
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.93 0.93
(d) Employee benefit expense 16.92 70.83
(e) Finance costs 0.03 0.71
(f) Depreciation, depletion and amortisation expense 0.00 6,018.01
(f) Other Expenses
1 Other Expenses 470.11 641.09
Total other expenses 470.11 641.09
Total expenses 668.14 7,834.52
3 Total profit before exceptional items and tax (69.46) (6,248.13)
4 Exceptional items (1,298.79) (7,098.77)
5 Total profit before tax (1,368.25) (13,346.90)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 0.00 0.00
9 Total tax expenses 0.00 0.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations (1,368.25) (13,346.90)
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period (1,368.25) (13,346.90)
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period (1,368.25) (13,346.90)
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 5,654.46 5,654.46
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 16,443.26
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations -2.42 -23.6
Diluted earnings (loss) per share from continuing operations -2.42 -23.6
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations -2.42 -23.6
Diluted earnings (loss) per share from continuing and discontinued operations -2.42 -23.6
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1 The Company adopted Indian Accounting Standards (Ind AS) from April 1, 2015, and accordingly the above financial results have been prepared in accordance with the recognition and measurement principles laid down in the Ind AS 34 Interim Financial Reporting prescribed under section 133 of the Companies Act, 2013, read with the relevant rules issued there under and other accounting principles generally accepted in India. This has not resulted in any differences in Statement of Profit & Loss as per previous GAAP for the Year ended 31st March, 2026. ' 2 The Company is principally engaged in single business segment and operates in one geographical segment as per onSegment Reporting'. Accordingle,the company has made no segment reporting ' 3 The company was undergone resolution process till 23rd Oct 2024 and financial was prepared on going concern basis. The Hon'ble NCLT has approved the Resolution Plan submitted by a consortium led by PRECA Solutions India Private Limited (hereinafter referred to as Resolution Applicant) vide its Order vide IA (IBC) (Plan) 17/2024 in CP(IB) No.679/7/HDB/2018 dated 23rd Oct, 2024 (Approval Order). The Resolution Applicant has then formed an SPV namely PRECA Structures Private Limited for implementation of the approved resolution plan. The resolution plan is thus binding on all stakeholders. The new Board of Directors has been reconstituted to manage affairs of the company 06th Nov 2024. ' 4 The Company has three Indian wholly owned Subsidairies i.e Neueon Enterprises Limited, Neueon Power Limited and Neueon Global Limited , one Foreign subsidiary of Digitech Business Systems Limited. ' 5 The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 01st May,2026. The statutory auditors have carried out a limited review of these financial results. ' 6 Figures of the previous quarters/period have been regrouped and reclassified wherever necessary. ' 7 The above results will be placed on Website www.neueon.in



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 8,037.02
Capital work-in-progress 0.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 0.00
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 3.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 0.00
Total of other non-current financial assets 0.00
Total non-current financial assets 3.00
Deferred tax assets (net) 0.00
Other non-current assets
Total of other non-current assets
Total non-current assets 8,040.02
2 Current assets
Inventories 0.00
Current financial asset
Current investments 0.00
Trade receivables, current 16,866.30
Cash and cash equivalents 131.11
Bank balance other than cash and cash equivalents 0.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 1,563.09
Total current financial assets 18,560.50
Current tax assets (net)
Other current assets
Total of other current assets
Total current assets 18,560.50
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 26,600.52
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 5,654.46
Other equity 16,443.26
Total equity attributable to owners of parent 22,097.72
Non controlling interest
Total equity 22,097.72
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Other non-current financial liabilities 0.00
Total of other non-current financial liabilities 0.00
Total non-current financial liabilities 0.00
Provisions, non-current 0.00
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current financial liabilities 0.00
Total of other non-current liabilities 0.00
Total non-current liabilities 0.00
Current liabilities
Current financial liabilities
Borrowings, current 4,197.62
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 4.03
Total Trade payable 4.03
Other current financial liabilities
1 Other current financial liabilities 198.41
Total of other current financial liabilities 198.41
Total current financial liabilities 4,400.06
Other current liabilities 102.74
1 Other current liabilities 102.74
Total of other current liabilities 102.74
Provisions, current 0.00
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 4,502.80
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 4,502.80
Total equity and liabilites 26,600.52
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax (13,346.90)
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0.71
Adjustments for decrease (increase) in inventories 496.99
Adjustments for decrease (increase) in trade receivables, current (370.76)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 7,098.77
Adjustments for decrease (increase) in other non-current assets 169.30
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (1,484.93)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 6,018.01
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (247.30)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 6.89
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items (325.87)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 11,348.03
Net cash flows from (used in) operations (1,998.87)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (1,998.87)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 0.00
Proceeds from sales of investment property 3.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 58,877.64
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 6.89
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities 58,887.53
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments (55,890.55)
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings (1,111.62)
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 0.71
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (57,002.88)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (114.22)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (114.22)
Cash and cash equivalents cash flow statement at beginning of period 245.34
Cash and cash equivalents cash flow statement at end of period 131.12





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. ASKM & Co Yes 31-03-2027


Financial details

Amount in (Lakhs)

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 1,586.39 1,586.39
2 Total Expenditure 14,933.29 14,933.29
3 Net Profit/(Loss) (13,346.90) (13,346.90)
4 Earnings Per Share -23.6 -23.6
5 Total Assets 26,600.52 26,600.52
6 Total Liabilities 4,502.80 4,502.80
7 Net Worth 22,097.72 22,097.72


Audit qualification

Amount in (Lakhs)

Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Whether appeared first time Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Whether appeared first time Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)
3 Textual Information(11) Qualified opinion Whether appeared first time Textual Information(12) Textual Information(13) Textual Information(14) Textual Information(15)


Text Block

Textual Information(1) A. Non-conduct of Impairment Testing [Ind AS 36 - Impairment of Assets]

As required under Ind AS 36, the Company has not performed impairment testing of Property, Plant and Equipment (PPE), investments, and other financial assets despite the presence of impairment indicators such as:

The Company has recognized impairment loss in respect of fixed assets amounting to Rs.58,748.44 lakhs However, the impairment assessment has not been supported by adequate documentation and appropriate determination of recoverable amount as required under Ind AS 36 Impairment of Assets.

In the absence of sufficient and appropriate audit evidence regarding the assumptions used in estimating future cash flows and discount rates, we are unable to determine whether any adjustment is necessary to the carrying value of such assets. Accordingly, our opinion is qualified in respect of this matter.

In the absence of an impairment assessment or external valuation, we are unable to determine the potential adjustments, if any, required to the carrying value of these assets.
Textual Information(2) Not Quantified
Textual Information(3) After the take over of the company through CIRP, an independent valuation of Land, Building, and Plant & Machinery was carried out by a qualified valuer dated 11.07.2025 by the new management. Based on the said valuation, the impairment loss of Rs. 58,748.44 lakhs has been recognized in the financial statements. The management believes that the valuation report provides a reasonable basis for determining the recoverable amount of the assets. Further, the Company is in the process of strengthening the supporting documentation and assumptions in line with the requirements of Ind AS 36.
Textual Information(4) After the take over of the company through CIRP, an independent valuation of Land, Building, and Plant & Machinery was carried out by a qualified valuer dated 11.07.2025 by the new management. Based on the said valuation, the impairment loss of Rs. 58,748.44 lakhs has been recognized in the financial statements. The management believes that the valuation report provides a reasonable basis for determining the recoverable amount of the assets. Further, the Company is in the process of strengthening the supporting documentation and assumptions in line with the requirements of Ind AS 36.
Textual Information(5) Refer to Basis for Qualified Opinion in the Auditor's Report.
Textual Information(6) B. Implementation of status of the Resolution plan

The Company was admitted into Corporate Insolvency Resolution Process (CIRP) under the provisions of the Insolvency and Bankruptcy Code, 2016 ("IBC"), by an order dated November 21, 2018, of the Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench. The Resolution Plan submitted by a consortium led by M/s Preca Solutions India Private Limited was approved by the Hon'ble NCLT on October 23, 2024. A new Board was reconstituted on November 6, 2024.

The Company under the Insolvency and Bankruptcy Code, 2016 has been approved by the Hon'ble NCLT, Hyderabad Bench on October 23, 2024. As per the terms of the approved Plan, the Company has commenced settlement of its obligations and has discharged with last trench payment being made on 28.08.2025.

We conducted our audit in accordance with the Standards on Auditing (SAs) specified under Section 143(10) of the Act. We are independent of the Company in accordance with the Code of Ethics issued by ICAI, and we have fulfilled our other ethical responsibilities in accordance with these requirements.
Textual Information(7) Not quantified
Textual Information(8) Pursuant to the CIRP and change in management, the investment in the subsidiary amounting to Rs. 13,993.47 lakhs continues to be carried at cost. The subsidiary has not undertaken any business operations for the past several years and audited financial statements have not been received for several years.

Considering the uncertainty in recoverability, the new management is in the process of disinvestment of the said investment and has accordingly created a provision in the financial statements.
Textual Information(9) Pursuant to the CIRP and change in management, the investment in the subsidiary amounting to Rs. 13,993.47 lakhs continues to be carried at cost. The subsidiary has not undertaken any business operations for the past several years and audited financial statements have not been received for several years.

Considering the uncertainty in recoverability, the new management is in the process of disinvestment of the said investment and has accordingly created a provision in the financial statements.
Textual Information(10) Refer to Basis for Qualified Opinion in the Auditor's Report.
Textual Information(11) The Company has not established a formal system for periodic impairment testing of assets, particularly in relation to Property, Plant and Equipment, and other financial assets as required under Ind AS 36. This indicates a material weakness in internal controls over assessment of impairment of assets.
Textual Information(12) Not quantified
Textual Information(13) The company is establishing a robust internal control framework and periodic review cycles now that the new Board and New Management are operational.
Textual Information(14) The company is establishing a robust internal control framework and periodic review cycles now that the new Board and New Management are operational.
Textual Information(15) Refer to Basis for Qualified Opinion in the Auditor's Report.


Signatories detail

Name of CEO / Managing director Sudheer Rayachoti
Name of CFO V. Naveen Babu
Name of audit committee chairman Purusothama Reddy Marrikunta
Name of statutory auditor M/s. ASKM & Co.
Name of other signatory, if any, with designation
Place Hyderabad
Date 01-05-2026


Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 NEUEON ENTERPRISES LIMITED NEUEON CORPORATION LIMITED Wholly Owned Subsidiary Loan 50.00 In ordinary course of buisness and in arms length basis 50.00 0.00 50.00 Loan 10.0 12 Months Unsecured General Business Purposes
2 NEUEON POWER LIMITED NEUEON CORPORATION LIMITED Wholly Owned Subsidiary Loan 500.00 In ordinary course of buisness and in arms length basis 500.00 0.00 500.00 Loan 8.00 12 Months Unsecured General Business Purposes
3 NEUEON ENTERPRISES LIMITED NEUEON CORPORATION LIMITED Wholly Owned Subsidiary Any other transaction Amount paid for initial subscription of the Equity Shares of the Company 1.00 In ordinary course of buisness and in arms length basis 1.00 0.00 0.00
4 NEUEON POWER LIMITED NEUEON CORPORATION LIMITED Wholly Owned Subsidiary Any other transaction Amount paid for initial subscription of the Equity Shares of the Company 1.00 In ordinary course of buisness and in arms length basis 1.00 0.00 0.00
5 NEUEON GLOBAL LIMITED NEUEON CORPORATION LIMITED Wholly Owned Subsidiary Any other transaction Amount paid for initial subscription of the Equity Shares of the Company 1.00 In ordinary course of buisness and in arms length basis 1.00 0.00 0.00
6 NEUEON CONSOL PRIVATE LIMITED NEUEON CORPORATION LIMITED Holding Company Any other transaction Unsecured Loan from the Holding Company as per the approved resolution plan 4,197.62 In ordinary course of buisness and in arms length basis 4,197.62 0.00 4,197.62
7 SUDHEER RAYACHOTI NEUEON CORPORATION LIMITED Managing Director(KMP) Remuneration In ordinary course of buisness and in arms length basis 33.67 0.00 0.00
8 V. NAVEEN BABU NEUEON CORPORATION LIMITED CHIEF FINANCIAL OFFICER (KMP) Remuneration In ordinary course of buisness and in arms length basis 7.82 0.00 0.00
9 SUBRAT SAHOO NEUEON CORPORATION LIMITED COMPANY SECRETARY (KMP) Remuneration In ordinary course of buisness and in arms length basis 16.04 0.00 0.00
Total value of transaction during the reporting period 4,808.15