Corporate Action6 Jun 2026, 04:51 pm
North Eastern Carrying Corp Allots 45 Lakh Equity Shares
AI Summary
North Eastern Carrying Corporation Ltd has announced the allotment of 45,00,000 equity shares on a preferential basis to Mr. Sunil Kumar Jain, a promoter of the company. The shares have a face value of Rs. 10 each and were issued at a price of Rs. 15.18 per share, raising a total of Rs. 6,83,10,000/-. This allotment is in compliance with SEBI (LODR) Regulations, 2015.
Key Highlights
- Allotted 45,00,000 equity shares on preferential basis.
- Allottee is promoter Mr. Sunil Kumar Jain.
- Issue price fixed at Rs. 15.18 per share.
- Total funds raised amount to Rs. 6,83,10,000/-.
Price Impact
More from NECCLTD