NSEAcquisition2 Jul 2026 · 2 Jul 2026, 11:30 am

Acquisition

North Eastern Carrying Corporation Limited · NECCLTD

✦ AI Summaryacquisition

North Eastern Carrying Corporation Limited has informed the Exchange about Acquisition by Mr. Utkarsh Jain, Promoter & Director of the Company in SG Green Logistics Private Limited in his Individual Capacity.

Analysis Scores

Earnings Impact2/10
Growth Catalyst3/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

North Eastern Carrying Corporation Limited has informed the Exchange about Acquisition by Mr. Utkarsh Jain, Promoter & Director of the Company in SG Green Logistics Private Limited in his Individual Capacity.

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NECCLTD_02072026113022_DisclosureReg30Acquisition.pdf

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55 NECC North Eastern Carrying Corporation Limited. "uss0e Moving You Ahead Ref. No.: NECCLTD/SEC/2026-27 July 02,2026 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, Bandra Kurla Mumbai-4000 01 Complex, Bandra (E), Mumbai - 400 051 (Security Code : 534615) (Symbol: NECCLTD) Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that Mr. Utkarsh Jain, Promoter and Director of the Company, has acquired shares in SG Green Logistics Private Limited (“Target Company") in his individual capacity. We further confirm that the aforesaid acquisition does not have any material object or impact on the Company, as it has been undertaken by Mr. Jain purely in his personal capacity and bears no relation to the operations, management, or shareholding structure of the Company. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025 CFD POD2/1/3762/2026 dated January 30, 2026, in respect of the aforesaid acquisition/transaction are annexed herewith. This disclosure is being made in the interest of transparency and compliance with applicable regulations. Regards For North Eastern Carrying Corporation Limited M. No.: A57773 B CIN: L49231DL1984PLC019485 9 NECC House 9062/47, Ram Bagh Road, Azad Market. Deihi-110006 (India) CIN: L51909DL1984PLC019485 € +91-11-23517516 - 19 B co@neccgroup.com @ www.neccgroup.com NECC North Eastern Carrying Corporation Limited. Moving You Ahead 7968-2018 Particulars Remarks Name of the target entity, details in brief SG Green Logistics Private Limited - such as size, turnover etc.; Whether the acquisition would fall The transaction does not fall within related within related party transaction(s) and party transaction. whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”. Industry to which the entity being acquired belongs; Logistics objects and impact of acquisition There is no material object or impact arising (including but not limited to, disclosure from the acquisition/transaction by the of reasons for acquisition of target Company, as Mr. Utkarsh Jain, Promoter and entity, if its business is outside the main Director of the Company, has acquired shares line of business of the listed entity); in SG Green Logistics Private Limited in his individual capacity. Brief details of any governmental or regulatory approvals required for the Not Applicable acquisition; indicative time period for completion of the acquisition; Consideration - whether cash consideration or share swap or any Cash consideration other form and details of the same; cost of acquisition and/or the price at Rs. 35.99 Crores which the shares are acquired; Percentage of shareholding / control acquired and / or number of shares 12% (3356 Equity Shares) acquired; Brief background about the entity The target entity was incorporated on April ‘in terms of products/line of 21,2022 in India, for the purpose of engaging acquired, date of incorporation, in the business of fleet carriage and goods f last 3 years turnover, country transportation. : ch the acquired entity has nce and any other significant Amount of Turnover Yi‘ ear D Descriippttii on (Rsi.n Crore) 2023-2024 49.57 2024-2025 | 64.16 2025-2026 | 83.37 CiN: L49231DL1984PL 019485 Q NECC House 9062/47, Ram Bagh Road, Azad Market, Delhi-110006 (India) CIN: L51909DL1984PLC019485 @ www.neccgroup.com 4 +91-11-23517516- 19 B co@neccgroup.com