Allotment of one crore convertible warrants to promoter

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Price reactionminutes from the announcement price · days from the prior close

+0.1%Reaction day

₹18.45

prior close

₹18.50

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+1.4% vs market

Logistics Solution Provider peers, median of 46sector-1.0%+1.1% vs sector

On the reaction day the stock moved 1.4 pts more than Nifty Microcap 250 and 1.1 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Reaction day

+0.1-1.3+1.4-1.0+1.1

Next day

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15d

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 46Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

North Eastern Carrying Corporation has allotted one crore convertible warrants on a preferential basis to Mr. Sunil Kumar Jain, the promoter, at about Rs. 18.51 per share, for a total of Rs. 18.51 crore. Each warrant is convertible into one equity share within 18 months from the date of allotment. The allotment was disclosed to the exchanges on October 1, 2026 under SEBI LODR Regulation 30.

Likely market impact

Signals promoter confidence in the company; conversion within 18 months could expand equity share count by up to one crore shares.