North Eastern Carrying Corporation Limited has informed the Exchange regarding Proceedings of Postal Ballot

North Eastern Carrying Corporation Limited has announced the conclusion of its postal ballot voting process on May 16, 2026. Seven resolutions were put to shareholders including increase in authorised share capital, alteration to Memorandum of Association objects clause, raising funds through loans with equity conversion option, lending/guarantee facilities up to Rs. 100 crore to subsidiaries/body corporates, investments exceeding Section 186 limits, conversion of unsecured loans into equity shares, and material related party transactions with Shreyans Logistics Private Limited. The voting was conducted through NSDL remote e-voting platform. Results will be declared on May 19, 2026, and resolutions will be deemed passed subject to receipt of requisite majority. A corrieendum to the original notice was issued on April 30, 2026.