North Eastern Carrying Corporation disclosed that its promoter group entity, NECC Securities Private Limited, sold 5,00,010 equity shares on September 2, 2026. The transaction was valued at ₹84,50,169.

The sale reduced NECC Securities' holding in the company from 1,40,48,072 shares (13.44%) to 1,35,48,062 shares (12.96%). The trade was executed on the market.

Transaction Details

The disclosure was made under Regulation 29(2) read with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company received the intimation on September 3, 2026.

No derivatives trading was reported in the disclosure. The remaining stake of 12.96% continues to be held by the promoter group entity.

Promoter group entity NECC Securities Private Limited sold 5,00,000 equity shares of North Eastern Carrying Corporation for a total value of ₹87.50 lakhs. The transaction took place on August 26 and 27, 2026, via on-market sales.

The company disclosed the transaction on August 29, 2026, under Regulation 29(2) read with Regulation 29(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure was submitted to both the BSE and NSE listing departments.

Transaction Details

NECC Securities Private Limited held 1,45,48,072 equity shares, representing 13.92% of the total share capital, prior to the disposal. Following the sale, its holding reduced to 1,40,48,072 shares, or 13.44%.

The sale was executed across two trading days. The promoter entity intimated the company of the transaction on August 28, 2026. No derivatives trading was reported in conjunction with this equity disposal.

What the Numbers Show

The average price per share implied by the transaction value is ₹175 (₹87.50 lakhs divided by 5,00,000 shares). This reduction represents a decrease of 0.48 percentage points in the promoter group's stake through this specific entity.