NECC Shareholder Postal Ballot on Capital and RPT Approvals

NECC seeks shareholder approval via postal ballot for seven resolutions including a Rs. 10 crore authorized capital increase and an MOA objects clause alteration.
Key proposals include raising up to Rs. 50 crore via convertible loans and approving Rs. 100 crore in loans/guarantees for interested director subsidiaries.
A preferential allotment of 45 lakh shares to promoter Sunil Jain for Rs. 8 crore loan conversion and material RPTs with Shreyans Logistics up to Rs. 50 crore are also proposed.
E-voting is open from April 17 to May 16, 2026, with results to be declared by May 19, 2026.