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Board Meeting Outcome

North Eastern Carrying Corporation Board Meeting Outcome

North Eastern Carrying Corporation Ltd approved increasing its authorized share capital to ₹110 Crore and raising funds via secured/unsecured loans with equity conversion options. The Board also set a ₹100 Crore limit for inter-corporate loans and guarantees, and approved related party transactions up to ₹50 Crore with Shreyans Logistics Pvt. Ltd.

Key figures
Value₹100.0 Cr
Source

BSE filing, NSE: NECCLTD. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

North Eastern Carrying Corporation Ltd: key numbers

Share price
₹16.07
Market cap
₹167.9 Cr
Revenue (annual)
₹308.0 Cr
Net profit (annual)
₹7.75 Cr
P/E (TTM)
20.2×Sector 27.7×
Promoter holding
55.21%-0.95% QoQ
FII holding
0.00%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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