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BSE SENSEX
74,005.94
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Corporate Announcement
Security Code
534615
Company
North Eastern Carrying Corporation Ltd
Exchange Received Time
04/04/2024 16:52:38
Exchange Disseminated Time
04/04/2024 16:52:41
Time Taken
00:00:03
Board Meeting Outcome for Allotment Of Equity Shares And Convertible Share Warrants |
04/04/24 16:52
This is to inform you that the Board of Directors has at its meeting held on April 04, 2024 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 (Rupees Ten only) ('Equity Shares') at a price of Rs. 32.05/- (Rupees Thirty Two and Five paisa Only) which includes a premium of Rs. 22.05/- (Rupees Twenty two and Five paisa only) 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 in accordance with the Companies Act, 2013, SEBI (ICDR) Regulations and other applicable laws.
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