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Fund Raise

North Eastern Carrying Corporation Fund Raise of ₹6.83 Cr

North Eastern Carrying Corporation Limited approved a preferential allotment of 45,00,000 equity shares to Mr. Sunil Kumar Jain at ₹15 per share. The ₹6.83 Crore issuance involves converting an outstanding loan into equity. A postal ballot for shareholder approval is scheduled for May 16, 2026.

Key figures
Value₹6.83 Cr
Source

NSE filing, NSE: NECCLTD. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

North Eastern Carrying Corporation Ltd: key numbers

Share price
₹16.24
Market cap
₹169.7 Cr
Revenue (annual)
₹308.0 Cr
Net profit (annual)
₹7.75 Cr
P/E (TTM)
20.4×Sector 28.1×
Promoter holding
55.21%-0.95% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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