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Neueon Towers Ltd
Plot No:18, Nagarjuna Hills, Punjagutta
Phone: +91 4023351882p:+91 4023351882 HYDERABAD, 500082  India Ticker: NTLNTL
Filed for Bankruptcy on 10/14/2021
On 6/3/2019, The National Company Law Tribunal (NCLT), Hyderabad Bench initiated a Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 pursuant to an Insolvency petition filed against against Neueon Towers Ltd. by its financial creditor, IDBI Bank Ltd.
On 10/14/2021, the National Company Law Tribunal, Hyderabad Bench, rejected Neueon Towers Ltd's Corporate Insolvency Resolution Plan and ordered the Company Liquidated.
Business Summary
Neueon Towers Limited is an India-based company. The Company is engaged in the manufacturing and trading of steel and steel products. The Company’s subsidiary is Digitech Business Systems Limited.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/20243/31/2021Yes----

Industries
SIC Code Description
1623 Water, sewer, pipeline, and communications and power line construction
3312 Steel works, blast furnaces (including coke ovens), and rolling mills

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board, Managing Director SudheerRayachoti 12/2/2024 12/2/2024
Chief Financial Officer Vemulapalli Naveen N.Babu 12/2/2024 12/2/2024
Compliance Officer, General Manager, Company Secretary SubratSahoo 12/2/2024 12/2/2024
7 additional Officers and Directors records available in full report.

Business Names
Business Name
NTL
Sujana Towers Limited.
SUJANATWR
Telesuprecon Ltd

General Information
Number of Employees: 139 (As of 3/31/2015)
Outstanding Shares: 57,812,900 (As of 9/30/2024)
Shareholders: 22,554
Stock Exchange: NSE
Fax Number: +91 4023358499


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Friday, January 10, 2025