Change in Director / Key Managerial Personnel
- Nature of change: Change in designation of Mr. Utkarsh Jain from Whole-time Director (Executive) to Non-Executive Non-Independent Director
- Name and DIN: Mr. Utkarsh Jain (DIN: 05271884)
- Effective date: October 24, 2026
- Reason for change: Mr. Jain's ongoing commitments and responsibilities in external assignments prevent him from continuing as Whole-time Director (Executive)
- Approval process: The Board of Directors approved the change after considering the recommendation of the Nomination and Remuneration Committee
- Tenure: The change is effective immediately from October 24, 2026, subject to receipt of any regulatory approvals if required
- Future role: Mr. Jain expressed willingness to continue contributing to the Company's growth and governance as a Non-Executive Director
Key Financial or Operational Approvals
Not applicable - No financial or operational approvals were mentioned in this disclosure.
Strategic or Business Context
Not applicable - No strategic or business context was provided in this disclosure.
Any Other Material Information
- Regulatory compliance: Disclosure made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 updated on January 30, 2026
- Documentation: Required details were enclosed as Annexure-I and Annexure-II as per SEBI regulations
- Company identification: CIN: L49231DL1984PLCO1945
- Scrip details: BSE Scrip Code: 534615, NSE Symbol: NECCLTD