North Eastern Carrying Corporation Limited (NECCLTD) has submitted a regulatory disclosure to BSE Limited and the National Stock Exchange of India Limited. The filing is made under Regulation 7(2)(b) read with Regulation 6(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and references Master Circular No. SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/039 dated March 23, 2023.
The disclosure pertains to the company having received a formal intimation from Mr. Sunil Kumar Jain, a promoter of the company, on June 08, 2026. This intimation was made under Regulation 7(2)(a) read with Regulation 6(2) of the SEBI PIT Regulations.
The purpose of the disclosure is to report a change in the shareholding of a promoter due to an acquisition of securities. Mr. Sunil Kumar Jain acquired 4,500,000 equity shares of the company through a preferential allotment. The transaction was executed on June 06, 2026. The total value of the acquisition was ₹6,83,10,000 (₹6.83 Crores).
Details of Shareholding Change
- Name: Mr. Sunil Kumar Jain
- PAN: AAIPJ5927B
- Category: Promoter
- Address: C-3/15, Ashok Vihar, Phase - II, Delhi - 110052
- Contact No.: 97117-97516
- Security Type (Acquired): Equity Shares
- Number of Securities Acquired: 45,00,000
- Transaction Type: Purchase
- Mode of Acquisition: Preferential Allotment
- Date of Allotment/Acquisition: June 06, 2026
- Date of Intimation to Company: June 08, 2026
- Exchange: Not Applicable (off-market transaction)
Pre and Post-Transaction Holding
- Shares Held Prior to Acquisition: 39,55,062 Equity Shares
- Percentage Holding Prior to Acquisition: 3.96%
- Shares Held Post Acquisition: 84,55,062 Equity Shares
- Percentage Holding Post Acquisition: 8.09%
The disclosure confirms there was no trading in derivatives on the company's securities involved in this transaction.
The letter to the exchanges was signed by Rakesh, Company Secretary & Compliance Officer (Membership No.: A57773) for North Eastern Carrying Corporation Limited. The accompanying Form B was signed by Mr. Sunil Kumar Jain in his capacity as Promoter and Managing Director (DIN: 00010695).