Neueon Corporation Share Price in Focus; Enters Procurement Partnership and Secures ₹150 Crore Order

Neueon Corporation has entered into a procurement partnership and memorandum of understanding with Elcom Innovations Private Limited. The arrangement relates to the supply of tactical communication equipment and solutions and forms the basis of the orders announced by the company.  

Neueon Corporation Procurement Partnership with Elcom Innovations 

According to the exchange filing, Neueon Corporation entered into the procurement partnership with Elcom Innovations to support the supply of tactical communication equipment and solutions. 

₹150 Crore Tactical Communication Equipment Order 

Under the procurement partnership, Neueon Corporation has secured orders worth approximately ₹150 crore from Elcom Innovations.  

The orders cover the supply of tactical communication equipment and solutions over the next 12 months. The disclosure states that the arrangement is domestic in nature.  

Entity Awarding the Order 

Elcom Innovations Private Limited is the entity awarding the order to Neueon Corporation Limited under the procurement partnership.  

Nature of Orders Involves Raw Material Procurement 

The annexure to the filing describes the nature of the orders as the procurement of raw materials. It also states that the deliverables are scheduled to be completed by July 23, 2027. 

The broad value of the orders remains approximately ₹150 crore, with the supply programme expected to continue over the stated 12 month period.  

Neueon Corporation Share Price Performance  

As of July 24, 2026, Neueon Corporation share price closed at ₹16.56 on BSE up by 4.55% from the previous closing price.  

Read More: Bank of India Q1 FY27 Results: Net Profit Rises 36% to ₹3,068 Crore, Asset Quality Improves 

Conclusion 

The exchange disclosure records a domestic procurement partnership between Neueon Corporation and Elcom Innovations for tactical communication equipment and solutions. The stated order value is approximately ₹150 crore, with supplies planned over 12 months and the deliverables scheduled for completion by July 23, 2027. 

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