North Eastern Carrying Corporation Limited (NECCLTD) — Corporate Action | 6 June 2026

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📢 Key Event
Preferential allotment of 45 lakh equity shares to promoter Sunil Kumar Jain at Rs 15.18 per share.

🔄 What Changed
45 lakh shares allotted at Rs 15.18 each raising Rs 6.83 crore.

💡 Investor Takeaway
The preferential issue raises capital from the promoter but does not directly benefit existing shareholders beyond potential future growth.

North Eastern Carrying Corporation Limited announced the allotment of 45 lakh equity shares to promoter Sunil Kumar Jain through a preferential issue at Rs 15.18 per share, raising a total issue amount of Rs 6.83 crore, in compliance with SEBI LODR Regulation 30.

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About North Eastern Carrying Corporation Limited (NECCLTD)

Services · Transport Services · Listed on NSE

Market Cap: ₹150 Cr P/E: 17.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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