Announced Thu, 7 May · 11:41 IST

North Eastern Carrying Corporation Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Promoter Below 50pctOwnership Changes View source PDF

NECCLTD · price

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▲ 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
-1.9%1-day move
₹17.10
prior close
₹16.86
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.8+1.1+1.1+0.8-1.9-5.0-9.4-8.2-8.5-13.7-10.4-11.5-6.0
Up moveDown movePending
AI summary

Sunil Kumar Jain (Promoter) and persons acting in concert (PACs) have submitted a declaration to the exchanges confirming that no new encumbrance (pledge or otherwise) has been created on their shareholding during FY 2025-26 (ended March 31, 2026), other than any already disclosed earlier. The filing includes a full shareholding table of the promoter group as of March 31, 2026, showing total promoter holding at 5,41,91,271 shares representing 54.19% of the company. The promoter group includes Sunil Kumar Jain (3.96%), Vanya Jain (9.54%), Utkarsh Jain (7.22%), Suvi Developers Pvt Ltd (3.10%), NECC Securities Pvt Ltd (14.55%), and NECC Automobiles Pvt Ltd (15.83%). This is a routine compliance filing under SEBI's takeover regulations.

Likely market impact

The confirmation of no new encumbrances provides a degree of comfort to investors that promoter-held shares are not pledged beyond previously disclosed levels. Promoter holding of 54.19% remains above the 50% threshold, signalling continued promoter control.