Statement of deviation(s) or variation(s) under Reg. 32

Lo o o R e e P R G 59’ Nxc North Eastern'Carrying ueszrs. Moving You Ahead COI'Pl)l'atiDll Limited. Ref. No.: SEC/NECCLTD/2026-27 October 24, 2026 Corporate Relations The Manager (Listing Department) BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block G, Mumbai-400001 Bandra Kurla Complex, Bandra (E) (Security Code : 534615) Mumbai - 400051 (Symbol: NECCLTD) Subject : Statement of deviation or variation in the use of proceeds of Right Issue quarter ending September 30, 2026 Dear Sir/Ma’am, Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a statement regarding the deviation or variation in the use of proceeds of the rights issue for the quarter ending September 30, 2026, duly reviewed by the Audit Committee, is enclosed herewith as Annexure-A. You are requested to kindly take the same on your records. Thanking You, Yours faithfully, For North Eastern Carrying Corporation Limited Rakesh % Company Secretary E-Cgmpliance{)fficer M. No. A57773 Eh CIN: L49231DL1984PLCO19435 9 NECC House 9062/47, Ram Bagh Road, Azad Market, Delhi-110006 (India) CIN: @SDL 198S4PLC0P19485 @ www.neccgroup.com L +91-11-23517516- 19 B co@neccgroup.com Statement of Deviation / Variation in utilization of funds raised Name of listed entity orth Eastern Carrying Corporation Limited Mode of Fund Raising iPublieissues/ Rights Issues / Preferential Issues/-QIP-/-Others Date of Raising Funds INA. Amount Raised IN.A. Report filed for Quarter ended [September 30, 2026 Monitoring Agency {Applicable-/Not Applicable Monitoring Agency Name, if NA. applicable Is there a Deviation / Variation i use of funds raised [ty Ifyes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders If Yes, Date of shareholder anuary 05, 2024 Approval i Explanation for the Deviation / Sos {Addition of new objects as decided by the management Variation Comments of the Audit N N lo Comments Committee after review Comments of the auditors, if any |No Comments |Objects for which funds have been raised and where there has been a deviation, in the following table; Amount of - Deviation/Variat - . - Modified : Original - 2 & lOriginal = Funds ion for the Remarks Object Modified Otjectiany allocation :fl"‘“""“’ | Utiized | quarter ifany y according to applicable object IConstruction & Development of {Construction and Development of 64.47] 21.05| 0 warehouse arehouse lGeneral Corporate Purpose |General Corporate Purpose 1585 20.33 o = [T invesitn the shares of M/s. SG o Original Object Logistic Management Pyt. Ltd. 049 844 0 No Original Object Repayment of Unsecured Loan 0.0 1478 0 0 Original Object Repayment of Term Loans 0.0 157 o ote: Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fund raising documeni.te. prospectus, letter of offer, etc. Utkarsh Jain Diregtor