Management Change24 Oct 2026, 04:10 pm
North Eastern Carrying Corp: Utkarsh Jain's designation changed
AI Summary
North Eastern Carrying Corporation Ltd announced a change in management. Mr. Utkarsh Jain's designation has been altered from Whole-time Director (Executive) to Non-Executive Non-Independent Director, effective October 24, 2026. This change was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. Mr. Jain cited ongoing commitments and responsibilities in external assignments as the reason for the change, expressing his willingness to continue contributing to the company's growth and governance in his new role.
Key Highlights
- Mr. Utkarsh Jain's designation changed from Whole-time Director to Non-Executive Director.
- The change is effective from October 24, 2026.
- Reason cited is ongoing external commitments and responsibilities.
- Board of Directors approved the change based on committee recommendation.
Price Impact
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