NECC Board Approves Preferential Convertible Warrants Issue

The Board will consider and approve the following agenda items:

• Proposal for raising funds by way of issuance of Convertible Warrants on a preferential basis or any other method
• Determination of issue price in accordance with the provisions of the Companies Act, 2013 and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
• Potential issuance of Convertible Warrants against conversion of outstanding loan(s) of the proposed allottee(s)
• The proposal is subject to statutory, regulatory and other approvals as may be required

• Proposal for convening an Annual/Extraordinary General Meeting to seek shareholder approval by way of a Special Resolution for the preferential issue and related matters

• Any other matter incidental or connected with the aforesaid proposal

In accordance with the Company's Code of Conduct for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, the Trading Window for dealing in the company's securities has been closed with effect from August 06, 2026. The window shall remain closed until 48 hours after the declaration of the outcome of the Board Meeting, or such other period as may be specified under applicable regulations.

The disclosure was signed by Rakesh, Company Secretary & Compliance Officer (Membership No.: A57773) and digitally dated August 06, 2026 at 17:34:06.