Neueon Towers Limited — Others, 02-12-2024: Appointment

Neueon Towers Limited has announced a board meeting during which significant governance changes were approved. Mr. Vijayendra Santharam Seranyan Pasumarthi and Mr. Purusothama Reddy Marrikunta were appointed as Additional Directors, with their positions subject to shareholder approval. Mr. Sudheer Rayachoti has been appointed as Chairman. The company is moving forward with implementing its approved Resolution Plan, ensuring compliance with relevant regulations. The newly constituted board exhibits a robust independent structure. This strategic reshaping could enhance operational efficiency and governance, providing a positive outlook for investors focused on long-term stability and growth.