Neueon Towers Limited — Board Meeting, 17-05-2025: Outcome of Board Meeting

Neueon Towers has approved its audited consolidated financial results for the quarter and year ended March 31, 2025, reporting a consolidated net loss of ₹90.74 Cr, mainly due to high depreciation and operational costs. The Board appointed PVRM & Associates as internal auditors for FY26. Since the insolvency resolution plan in October 2024, half of the settlement obligations to creditors have been fulfilled. The reconstituted Board remains optimistic about navigating the business despite asset impairment concerns raised by auditors.