NECC Ltd Board Meeting Oct 1 to Approve Warrant Allotment

North Eastern Carrying Corporation Ltd (NECC) has announced a Board of Directors meeting scheduled for October 1, 2026. The primary agenda item is to consider and approve the allotment of 1,00,00,000 convertible warrants on a preferential basis to promoter Mr. Sunil Kumar Jain. The issue price for these warrants is set at ₹18.51 per warrant. This decision follows the approval obtained from the company's members at the Annual General Meeting held on September 10, 2026. The meeting will also address any ancillary matters related to this warrant allotment.