NECCLTD Board Approves ₹6.83Cr Promoter Loan Conversion

This is a regulatory disclosure made under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors of North Eastern Carrying Corporation Limited is scheduled to meet on Saturday, June 06, 2026, at the Registered Office of the Company. The primary agenda for the meeting is to consider and approve the following specific item:

• The preferential allotment of 45,00,000 (Forty Five Lakh) Equity Shares to the company's promoters.
• The issue price for these shares is ₹15.18 per share.
• This allotment is against the conversion of a loan provided by the promoters.
• The total loan amount being converted aggregates to ₹6.83 Crores.

In accordance with the company's Code of Internal Procedures and Conduct for Regulating, Monitoring, and Reporting of Trading by Insiders (framed pursuant to SEBI's Prohibition of Insider Trading regulations), the Trading Window for insiders will remain closed from June 04, 2026, until 48 hours after the conclusion of the Board Meeting.

The disclosure is signed by Rakesh, Company Secretary & Compliance Officer (Membership No.: A57773).