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Neueon Corp Clarifies Unsolicited CARE Ratings, Plans Legal Action
Neueon Corporation Limited
January 13, 2026, 01:21 PM
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Neueon Corporation Limited (NEUEON) has issued a clarification regarding credit ratings assigned by CARE Ratings Limited. The company received an email on January 13, 2026, from CARE Ratings, dated January 12, 2026, which independently assigned ratings to Neueon. Neueon wishes to clarify that these ratings were unsolicited and not sought by the company.
The company stated that its repeated attempts to contact CARE Ratings Limited have gone unanswered. Neueon Corporation Limited plans to present this matter before its Board of Directors to defend against the press release and to initiate necessary legal actions against CARE Ratings Limited for allegedly providing false or misleading information to stakeholders.
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