Neueon Corporation Secures ₹150 Crore Orders from Elcom Innovations for Tactical Communication Equipment

Neueon Corporation Limited (BSE: 532887, NSE: NEUEON) has entered into a Procurement Partnership/MoU with defense technology provider Elcom Innovations Private Limited. Under the terms of the agreement, Neueon has bagged orders valued at approximately ₹150 crore to supply tactical communication equipment and solutions over a 12-month period.

Key Highlights of the Procurement Agreement

Ordering Entity: Elcom Innovations Private Limited (Domestic Entity).

Order Value: Approximately ₹150 crore.

Scope of Deliverables: Supply of raw materials, tactical communication equipment, and related solutions.

Execution Timeline: Deliverables are scheduled to be completed by July 23, 2027 (over the next 12 months).

Agreement Date: Partnership/MoU dated July 24, 2026.

Source : Equity Bulls

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