Board to allot 1 crore convertible warrants to promoter at Rs 18.51

Fund Raising View source PDF Explain this filing

NECCLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

-1.7%Reaction day

₹18.33

prior close

₹18.33

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.0%-2.8% vs market

Logistics Solution Provider peers, median of 44sector-0.7%-1.1% vs sector

On the reaction day the stock moved 2.8 pts less than Nifty Microcap 250 and 1.1 pts less than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+1.2

10m

+1.2

15m

+0.9

30m

-1.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7+1.0-2.8-0.7-1.1

Next day

+0.7+0.8-0.1-0.3+1.0

+0.8-0.5+1.3-0.5+1.3

+4.4-0.5+5.0-1.0+5.4

+6.3+0.8+5.6-0.3+6.6

+4.5+0.5+3.9-0.1+4.6

+6.4-2.0+8.4-2.3+8.7

15d

-0.4-6.4+5.9-5.4+4.9

-10.9-5.9-4.9-5.5-5.3

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UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 44Pending

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

AI summary

Board meeting on October 1, 2026 will consider allotment of 1 crore convertible warrants on a preferential basis to promoter Mr. Sunil Kumar Jain at Rs 18.51 per warrant. Member approval already obtained at the AGM on September 10, 2026. Total issue size is about Rs 18.51 crore. Warrants can be converted into equity shares later as per terms.

Likely market impact

Promoter stake will rise on warrant exercise; near term dilution risk; signals promoter commitment and confidence in the company.