The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on June 09, 2025 for Suvi Developers Pvt Ltd

Ownership Changes View source PDF Explain this filing

NECCLTD · price

Loading chart…

▲ 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

+0.2%Reaction day

₹24.27

prior close

₹24.36

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+1.4%-1.2% vs market

Logistics Solution Provider peers, median of 40sector+1.0%-0.7% vs sector

On the reaction day the stock moved 1.2 pts less than Nifty Microcap 250 and 0.7 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

+0.0

10m

+0.0

15m

+0.0

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.2+1.4-1.2+1.0-0.7

Next day

+0.1+2.1-2.1+0.7-0.7

+7.3+2.6+4.7+0.9+6.4

+6.3+1.1+5.2-0.2+6.6

+3.6+0.7+2.9-0.9+4.5

+3.8+1.0+2.8-0.3+4.1

+1.5-0.3+1.8-1.1+2.7

15d

+1.4+2.3-0.9+0.3+1.1

-2.6+2.5-5.1+2.1-4.7

-8.1-2.3-5.8-2.6-5.4

-13.4+0.2-13.6-4.7-8.8

UpDownMarket · Nifty Microcap 250Sector · Logistics Solution Provider peers, median of 40Pending

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

AI summary

North Eastern Carrying Corporation Ltd has informed the stock exchanges about a new pledge created by promoter entity Suvi Developers Private Limited on June 6, 2025. A total of 30,99,660 equity shares, representing 3.10% of the company's total share capital, have been pledged in favour of AC Agarwal Shares Brokers Pvt. Ltd. to avail margin funding. Prior to this event, Suvi Developers held these shares without any encumbrance, so this is a fresh pledge creation and not a release or invocation. The disclosure was filed under Regulation 31(1) and 31(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Likely market impact

This is a routine margin-funding pledge by one promoter entity representing only 3.10% of share capital, so the direct impact on shareholders is limited. However, investors should monitor total pledged promoter holdings going forward, as rising pledging levels can signal financial stress or liquidity needs within the promoter group.