North Eastern Carrying Corporation Legal & Regulatory
The Securities Appellate Tribunal (SAT) set aside a SEBI Adjudicating Officer's order against NECCLTD promoters. This quashes previous penalties, resulting in no adverse financial impact.
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The Securities Appellate Tribunal (SAT) set aside a SEBI Adjudicating Officer's order against NECCLTD promoters. This quashes previous penalties, resulting in no adverse financial impact.
North Eastern Carrying Corporation Limited filed its quarterly shareholding pattern. The disclosure lists promoter and public holdings as of 30 June 2026.
Promoter Utkarsh Jain bought a 12% stake in SG Green Logistics for Rs. 35.99 Crore. The acquisition is personal and has no material impact on North Eastern Carrying.
North Eastern Carrying Corp updated its Corporate Identification Number to L49231DL1984PLC019485. The revision is reflected in MCA records and future filings.
Sunil Kumar Jain acquired 45,00,000 equity shares in North Eastern Carrying Corporation Limited via preferential allotment. This increases the promoter's holding from 3.96% to 8.09%.
North Eastern Carrying Corporation announced the successful passing of postal ballot resolutions. Shareholders approved increasing authorized capital to ₹110 Crore and altering the company's memorandum.
North Eastern Carrying Corporation allotted 45 lakh equity shares to its promoter at ₹15.18 each. The ₹6.83 Crore preferential allotment involved converting unsecured loans into equity.
NECCLTD scheduled a board meeting for June 06, 2026, to approve 45,00,000 shares allotment. The ₹6.83 Crore issuance involves converting promoter loans into equity.
North Eastern Carrying Corporation re-appointed M/s. Sanghi & Co. as Internal Auditors for a five-year term. This ensures continued regulatory compliance and internal financial oversight.
North Eastern Carrying Corporation re-appointed M/s. Sanghi & Co. as Internal Auditor for five years. The firm brings over 30 years of experience to the role.
North Eastern Carrying Corporation Ltd reported revenue from operations of ₹96.2 Cr (+9.2% YoY) and net profit of ₹0.7 Cr (-61.1% YoY) for Q4 FY26.
North Eastern Carrying Corporation approved its audited FY26 financial results, reporting annual total income of ₹314.34 Crore. The board also re-appointed M/s Sanghi & Co. as internal auditor.
North Eastern Carrying Corporation scheduled a board meeting for May 29, 2026, to approve audited financial results. The trading window remains closed until June 1, 2026.
NECC issued clarifications for its postal ballot regarding a revised ₹6.83 Crore loan conversion. The issue price is fixed at ₹15.18 per share.
NECC shareholders approved several resolutions including an authorized capital increase and fund raising through postal ballot. All resolutions passed with the requisite majority on May 16, 2026.
NECC Limited announced the conclusion of its postal ballot process for seven special resolutions. Key proposals include raising funds and increasing authorised share capital limits.