North Eastern Carrying Corporation Limited has filed a declaration with BSE Limited and the National Stock Exchange of India Limited stating that no encumbrance has been created, directly or indirectly, on the shares held by the Promoter(s), Promoter Group, and Persons Acting in Concert (PACs). The disclosure, dated April 03, 2026, confirms that this status applies to the financial year ended March 31, 2026, excluding any encumbrances previously disclosed.

The filing was submitted in compliance with Regulation 31(4) read with Regulation 31(5) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Mr. Sunil Kumar Jain, a Promoter of the company, made the declaration on behalf of the Promoter, Promoter Group, and PAC. The communication was addressed to the stock exchanges and copied to the Audit Committee of the company.

Shareholding Details

As part of the disclosure, the company provided a detailed list of promoters and PACs along with their respective shareholdings as of March 31, 2026. The data outlines the number of shares held by each entity and their percentage with respect to the total shares and voting capital.

Breakdown of Promoter Holdings

The document was digitally signed by Rakesh, the Company Secretary & Compliance Officer, on April 03, 2026. The registered office of North Eastern Carrying Corporation Limited is located at NECC House, 9062/47, Ram Bagh Road, Azad Market, Delhi-6.

North Eastern Carrying Corporation has issued a corrigendum to its postal ballot notice dated April 16, 2026, announcing several important revisions to Item No. 6 of the original notice. The corrigendum was issued on April 30, 2026, and addresses rectifications, additions, clarifications, and modifications to the ongoing postal ballot process for which e-voting is available from April 17, 2026, to May 16, 2026.

Regulatory Disclosure and Compliance

The company has formally disclosed the preferential equity issue to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of SEBI (LODR) Regulations, 2015. The corrigendum forms an integral part of the postal ballot notice and is being sent electronically to all registered members as on the cut-off date of April 10, 2026. Company Secretary & Compliance Officer Rakesh has signed the disclosure documents digitally on April 30, 2026.

Rectification of Relevant Date and Issue Price

The company has rectified the relevant date for determining the minimum issue price of equity shares to April 16, 2026, which is 30 days prior to the date of the general meeting or postal ballot. This replaces the earlier record date of April 14, 2026. Pursuant to Regulation 164 of the SEBI (ICDR) Regulations, 2018, and in view of this revision, the issue price has been re-computed based on the 90/10-day Volume Weighted Average Price (VWAP). The revised issue price stands at Rs. 15.18 per equity share, compared to the earlier issue price of Rs. 14.91 per share.

Preferential Issue Details

The preferential issue involves up to 45,00,000 equity shares with a face value of Rs. 10.00 each, issued at Rs. 15.18 per share including a premium of Rs. 5.18. The securities are being issued to Mr. Sunil Kumar Jain, a promoter of the company, in lieu of converting his unsecured outstanding loan.

Revision of Consideration Amount

Due to the rectification in the relevant date and the revision of the issue price, the value of the outstanding loan proposed to be converted has been revised. The consideration amount is now Rs. 6,83,10,000 (Rupees Six Crores Eighty Three Lakhs Ten Thousand Only), as against the earlier consideration amount of Rs. 8,00,00,000 (Rupees Eight Crores Only).

Revised Shareholding Pattern

The corrigendum provides the revised shareholding pattern of the company before and after the proposed preferential issue of 45,00,000 equity shares:

Additional Undertakings and Valuation Report

The company has included an additional undertaking stating that the issuer shall re-compute the price of the specified securities in terms of the provisions of applicable regulations where required. Furthermore, the company has obtained a valuation report from an independent registered valuer to ensure good corporate governance, compliance with regulatory requirements, fair and transparent determination of the issue price, and protection of shareholder interests.

Shareholders who have already cast their votes in the ongoing postal ballot but wish to modify their votes in light of the information provided in the corrigendum may do so by writing an email from their registered email address to the scrutinizer at akfriends38@yahoo.co.in on or before 5:00 P.M. on May 16, 2026. The corrigendum has been uploaded on the company's website and the websites of BSE Limited and National Stock Exchange of India Limited.