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