North Eastern Carrying Corporation Limited has made a disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 regarding the allotment of equity shares on a preferential basis.
The company has allotted 45,00,000 equity shares with a face value of Rs. 10.00 each. The shares were issued at a premium, with an issue price of Rs. 15.18 per equity share. The total amount raised through this preferential allotment is Rs. 6,83,10,000.
The allotment was made to Mr. Sunil Kumar Jain, who is identified as a Promoter of the Company. This transaction represents a significant capital infusion from a promoter entity.
The disclosure is specifically made in compliance with Regulation 30 of the SEBI LODR Regulations, which mandates disclosure of material events to stock exchanges. The company has formally requested that both BSE Limited and National Stock Exchange of India Limited take this information on record.
The document was signed by Rakesh, Company Secretary & Compliance Officer (Membership No.: A57773), acting on behalf of North Eastern Carrying Corporation Limited.