Announced Thu, 10 Sept · 13:46 IST
NECCLTD 41st AGM: capital hike, 1 crore warrants to promoter, director reappointments tabled
NECCLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹19.40
prior close
₹18.74
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+2.4+1.4+1.4+2.5-1.2-1.5-5.4-3.0-0.4—————
Up moveDown movePending
AI summary
NECCLTD held its 41st AGM on Sept 10, 2026 via video conferencing. Resolutions: FY26 accounts, auditor Nemani Garg Agarwal reappointed for 5 years, CMD Sunil Kumar Jain (Rs 85 lakh/yr) and Director Utkarsh Jain (Rs 60 lakh/yr) reappointed for 5 years. Also: authorised capital hike from Rs 110 crore to Rs 150 crore, and 1 crore warrants to promoter Sunil Kumar Jain at Rs 18.51 each (Rs 18.51 crore). Auditors gave qualified opinion. Voting results pending.
Likely market impact
Voting results pending; if passed, capital hike and 1 crore warrants to promoter will be dilutive to existing holders.