North Eastern Carrying Corporation Limited (NECCLTD) — Board Meeting | 8 June 2026

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📢 Key Event
Board approves 10% share capital hike, new warehousing scope, and Rs. 50 crore loan/related party transaction authorizations

🔄 What Changed
Authorized share capital increased from Rs. 100 crores to Rs. 110 crores; new business activities added via amended objects clause; loan and related party transaction limits approved up to Rs. 50 crores

🔮 What's Next
Board authorized to implement resolutions and finalize loan terms including conversion into equity shares

💡 Investor Takeaway
Shareholders approved capital expansion and financing flexibility, enabling future growth initiatives and potential equity dilution from loan conversions

No summary available

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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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