NECCLTDBSENORTH EAST CARRY CORP LTDLowNeutral
Announced Fri, 14 Aug · 12:58 IST

41st AGM on Sept 10, 2026; key resolutions include capital hike and warrant issue

Board & Shareholder Meetings View source PDFExplain this filing

NECCLTD · price

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Price reaction · full curve 14 horizons · vs prior close
+0.0%1-day move
₹15.00
prior close
₹14.91
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+1.5+1.5+0.0-2.7-2.8+0.5+5.5+16.1+23.4+27.3
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AI summary

North Eastern Carrying Corporation Ltd 41st AGM on Sept 10, 2026 via video conferencing. Resolutions: adopt FY26 financials, reappoint auditors for 5 years, reappoint CMD and Whole Time Director for 5 years, increase authorised capital from Rs 110 cr to Rs 150 cr, and issue 1 crore convertible warrants to promoter at Rs 18.51 each, aggregating Rs 18.51 cr.

Likely market impact

Preferential warrant issue to promoter at Rs 18.51 signals equity dilution. Director reappointments and capital hike signal fundraising plans ahead.