The Board of North Eastern Carrying Corporation at its meeting held on 04 April 2024 has approved the allotment of 6,70,000 equity shares and 3955062 share warrants convertible into equity shares on preferential basis of face value of Rs 10 each at a price of Rs. 32.05 which includes a premium of Rs. 22.05 per equity share to promoters and other non-promoter group person (hereinafter referred to as �Allottees�) for cash consideration by way of preferential issue on a private placement basis. Powered by Capital Market - Live News

North Eastern Carrying Corp. announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 8 March 2024 .Powered by Capital Market - Live News

Net profit of North Eastern Carrying Corporation rose 18.31% to Rs 2.52 crore in the quarter ended December 2023 as against Rs 2.13 crore during the previous quarter ended December 2022. Sales rose 18.66% to Rs 85.59 crore in the quarter ended December 2023 as against Rs 72.13 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales85.5972.13 19 OPM %7.547.20 - PBDT3.983.65 9 PBT3.102.95 5 NP2.522.13 18 Powered by Capital Market - Live News

North Eastern Carrying Corp. will hold a meeting of the Board of Directors of the Company on 14 February 2024.Powered by Capital Market - Live News

North Eastern Carrying Corporation has received a letter of acceptance from GAIL (India) for transportation of polymer under a contract value of Rs 52.48 crore for a period of 3 years. Powered by Capital Market - Live News