Neueon Corporation Board Approves ₹300 Crore Fund Raise Proposal

Board approved up to Rs 300 Cr equity/securities raise via QIP, private placement or preferential route, AoA change for multiple calls on unpaid shares, and postal ballot including RPTs. Follows withdrawal of rights issue earlier this month; new QIP/private placement route replaces it. Prior fundraise and tie-up unwound before execution, so treat as evaluation until price, terms filed. Price, tranches, use of funds, dilution and RPT details undisclosed; needs shareholder approval via e-voting Sept 30-Oct 29. Call provision hints at partly-paid issue.