Neueon Towers Limited — Important, 26-03-2025: Updates

Application for reclassification of specific erstwhile promoters to the public category has been submitted to BSE and NSE as part of an approved resolution plan from the Hon’ble NCLT. Notable names include Foster Infin Trading Pvt Ltd with 50,95,999 shares (9.01% holding) and Sujana Holdings Limited with 1,01,29,629 shares (17.91% holding). The shift could influence shareholder dynamics significantly, as these changes may enhance liquidity and create opportunities for a broader base of public investors. Market participants should monitor this situation closely as it unfolds, given its potential impact on the company's institutional profile and trading behavior.