In pursuance of Regulation 34(1) of SEBI (LODR) Regulations, 2015, please find attached herewith a copy of Annual Report of the Company for the Financial Year 2025-26, inter alia containing ....

es) NECO | North Eastern Carrying 192-206 Moving You Ahead Corporation Limited. Ref. No. : NECCLTD/SEC/ 2026-27 August 14, 2026 Corporate Relations The Manager (Listing Department) BSE Limited National Stock Exchange of India Limited PhirozeJeejeebhoy Towers, Dalal Street, Exchange Plaza, C-1, Block G, Bandra Kurla Mumbai-400001 Complex, Bandra (E) Mumbai - 400 051 (Security Code : 534615) (Symbol: NECCLTD) SUBJECT: 41ST ANNUAL REPORT OF NORTH EASTERN CARRYING CORPORATION LIMITED FOR THE FINANCIAL YEAR 2025-26. Dear Sir, In pursuance of Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith a copy of Annual Report of the Company for the Financial Year 2025-26, inter-alia containing the Notice of AGM of the Company. The Annual Report is also hosted on Company's website at www.neccgroup.com. This is for your kind information and records. Thanking You, For North Eastern Carrying Corporation Limited \ a es “eoSy Rakesh Company Secretary & Compliateé-Officér M. No. : AS57773 Encl.: Annual Report FY 2025-26 CIN: £49234DL1984PLC019485 9 NECC House 9062/47, Ram Bagh Road, Azad Market, Delhi-110006 (India) CIN: L51909DL1.984PLC019485 © \& +91-11-23517516 - 19 BS co@riecegroup.com ; @ www.neccgroup.com Moving You Ahead NORTH EASTERN CARRYING CORPORATION LIMITED ANNUALREPORT / 2025-26 "CONNECTING DESTINATIONS, CREATING OPPORTUNITIES" Table of Contents 1. Corporate informaion 01 2. Form the Chairman’s Desks 02 3. Board’s Report 04 4. Annexures of Board’s Report 16 5. Management Discussion & Analysis 30 6. Corporate Goverance’s Report 49 7. Statutory Audit Report 75 8. Financials Statements 84 9. Notice of Annual General Meeting I-XVI CORPORATE INFORMATION DEPOSITORIES BOARD OF DIRECTORS National Securities Depository Limited Central Depository Securities Limited Chairman & Managing Director Mr. Sunil Kumar Jain STATUTORY AUDITORS M/s Nemani Garg Agarwal & Co, Whole-Time Director Chartered Accountants Mr. Utkarsh Jain 1517, Devika Tower, 6, Nehru Place, New Delhi-110019. Non-Executive- Non Independent Director Tel -011-26448022/33 Mr. Pratyaksh Jain Email : sknemani@ sknemani.com Non-Executive- Independent Director SECRETARIAL AUDITOR Mr. Ashutosh Kumar Dubey M/s A.K. Friends & Co., Mr. Saurav Upadhyay Practicing Company Secretaries Ms. Priya Singh Office No.08, Ist Floor, D-5, Awadh Complex, Laxmi Nagar, CHIEF FINANCIAL OFFICER Delhi-110092 Mr. Chandan Singh Ph No. : +91-9212000759 Email : akfriends38@yahoo.co.in COMPANY SECRETARY AND COMPLIANCE OFFICER Mr. Rakesh REGISTRAR & SHARE TRANSFER AGENT MAS Services Limited CORPORATE IDENTIFICATION NUMBER T-34, 2nd Floor, Okhla Industrial Area, L49231DL1984PLC019485 (New) Phase – II, New Delhi-110020 (With effect from June 11, 2026) Ph:- 011-26387281/82/83 L51909DL1984PLC019485 (Old) Fax:-011- 26387384 Email:- sm@masserv.com REGISTERED & CORPORATE OFFICE Website: www.masserv.com NECC House, 9062/47, Ram Bagh Road, Azad Market, Delhi-110006 OUR BANKERS Ph No. : +91-9711797516, +91-9711897517 Yes Bank Ltd. Fax: 011-23527700 DBS Bank India Ltd. Email: cs@neccgroup.com Website: www.neccgroup.com CREDIT RATING AGENCY India Ratings & Research Pvt. Ltd. SHARES LISTED AT Level 16, Tower B Epitome, Building No. 5 National Stock Exchange of India Ltd. DLF Cyber City, Phase-3, Gurugram- BSE Limited 122002 From The Dear Shareholders, It gives me immense pleasure to present the Annual Report of North Eastern Carrying Corporation Limited (NECC) and share with you our performance, achievements, and vision for the future. Since our inception in 1968 under the visionary leadership of our founder, Late Shri Jaswant Rai Jain, NECC has remained steadfast in its mission to provide seamless, reliable, and cost-effective logistics and transportation solutions across India. Over the past five decades, we have built a strong foundation rooted in trust, customer-centricity, operational excellence, and innovation. Navigating a Dynamic Business Environment The financial year 2025-26 was marked by resilience and progress. The logistics industry continues to evolve rapidly, driven by technological advancements, digital transformation, sustainability initiatives, infrastructure development, and changing customer expectations. While challenges such as geopolitical uncertainties, supply chain disruptions, inflationary pressures, and fluctuating fuel prices persisted, India's robust economic growth and increased investments in infrastructure created significant opportunities for the sector. With your continued trust and the dedication of our employees, NECC strengthened its market position and advanced its journey of sustainable growth. Strengthening Our Presence Today, NECC stands among India's most trusted logistics service providers, with a network of over 200+ branches across 26 states, serving major industrial hubs, manufacturing clusters, and commercial centres. During the year, we deepened our partnerships with leading corporates such as Tata Steel, GAIL (India) Limited, and several other reputed organizations. These enduring relationships reflect the confidence our customers place in our reliability, service quality, and operational capabilities. Key Highlights of the Year ¢ The company successfully undertook expansion of its fleet, thereby enhancing transportation capacity and operational efficiency. e Continued investment in digital technologies for real-time shipment tracking, operational efficiency, and customer experience. e Expansion of our branch network across strategic industrial and commercial locations. e Improved operational efficiency through route optimization and cost management. e Strengthened sustainability initiatives with environmentally friendly logistics practices. These milestones underscore our commitment to creating long-term value for all stakeholders. Our People - Our Greatest Strength The true strength of NECC lies in its people. From drivers and warehouse personnel to operations teams, managers, and leadership, every member of the NECC family contributes to delivering excellence daily. I extend my heartfelt gratitude to each employee for their dedication, professionalism, and unwavering commitment. We continue to invest in employee development through training, leadership programs, workplace safety initiatives, and skill enhancement, ensuring our workforce remains future-ready. Financial Performance Despite a challenging operating environment, NECC delivered healthy profitability through disciplined cost management and enhanced efficiency: e Stable Revenue Base: Revenue from operations stood at Rs. 308.04 Crores, reflecting a modest decline of 6.3% compared to the previous year. Other income grew significantly from Rs. 0.71 Crores to Rs. 6.29 Crores, highlighting diversification success. e Cost Optimization: Total expenses reduced by 4%, from Rs. 316.39 Crores to Rs. 303.67 Crores, underscoring operational discipline. e Profitability: Profit before tax was Rs. 10.66 Crores, while profit after tax stood at Rs. 7.75 Crores though lower than last year, these results demonstrate resilience. e Comprehensive Income & EPS: Total comprehensive income was Rs 7.93 Crores, with Earning Per Share at Rs. 0.78, reflecting continued shareholder value creation. Corporate Social Responsibility As a responsible corporate citizen, NECC remains committed to contributing towards the development of society. NECC contributed approximately Rs. 21.10 Lakhs towards CSR initiatives during FY 2025-26, primarily focusing on education, and supporting the holistic development of children through the NECC Foundation. We believe education is the cornerstone of inclusive and sustainable national development. Looking Ahead India's logistics sector is entering an exciting phase of transformation, supported by initiatives such as the PM Gati Shakti National Master Plan, the National Logistics Policy, rapid digitalization, multimodal infrastructure expansion, and growing demand f [Showing first 8,000 characters — download PDF for full document]