General information about company

Name of The CompanyNORTH EASTERN CARRYING CORPORATION LTD
BSE Scrip Code 534615
NSE SymbolNECCLTD
MSE SymbolNA
Date of Start of Financial Year01-04-2021
Date of End of Financial Year31-3-2022
Reporting PeriodSecond half yearly
Date of Start of Reporting Period01-10-2021
Date of End of Reporting Period31-03-2022
Level of rounding to be used in disclosing related party transactionsLakhs
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes



(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicNA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.






Related party transactions

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Sr No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investmentsNotes
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment )Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KSUNIL KUMAR JAINAAIPJ5927BKEY MANAGEMENT PERSONNELRemuneration24approved242424Textual Information(1)
2NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KSUNIL KUMAR JAINAAIPJ5927BKEY MANAGEMENT PERSONNELAny other transactionLEASES38.1approved38.138.138.1Textual Information(2)
3NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KSUNIL KUMAR JAINAAIPJ5927BKEY MANAGEMENT PERSONNELLoan92.75approved92.75404438.25Loan0NAUnsecured BUSINESS PURPOSETextual Information(3)
4NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KSUNIL KUMAR JAINAAIPJ5927BKEY MANAGEMENT PERSONNELAny other transactionLoan Repaid58.5approved58.500Loan0NAUnsecured Loans taken that are repaidTextual Information(4)
5NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KUTKARSH JAINATPPJ6751RKEY MANAGEMENT PERSONNELRemuneration6approved666Textual Information(5)
6NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KUTKARSH JAINATPPJ6751RKEY MANAGEMENT PERSONNELAny other transactionLEASES3approved333Textual Information(6)
7NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KUTKARSH JAINATPPJ6751RKEY MANAGEMENT PERSONNELLoan190approved1901849.751902.18Loan0NAUnsecured BUSINESS PURPOSETextual Information(7)
8NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KUTKARSH JAINATPPJ6751RKEY MANAGEMENT PERSONNELAny other transactionLoan Repaid137.57approved137.5700Loan0NAUnsecured Loans taken that are repaidTextual Information(8)
9NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KREENA GUPTAAGUPG2237M DirectorAny other transactionsitting fees0.5approved0.50.50.5Textual Information(9)
10NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KVANYA JAINAAFPJ2289PPromoterAny other transactionLeases4.8approved4.84.84.8Textual Information(10)
11NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KSHREYANS BUILDTECH PRIVATE LIMITEDAAMCS0663CEnterprises over which Key Managerial Personnel are able to exercise significant influenceAny other transactionLeases4.5approved4.54.54.5Textual Information(11)
12NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KSHREYANS BUILDWELL PRIVATE LIMITEDAAACS2541KEnterprises over which Key Managerial Personnel are able to exercise significant influenceAny other transactionLeases2approved222Textual Information(12)
13NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KSHYAM LAL YADAVAAAPY4171CKey management personnelRemuneration21.7approved21.721.721.7Textual Information(13)
14NORTH EASTERN CARRYING CORPORATION LIMITEDAABCN5129KMAMTA BISHTBMTPB4203LKey management personnelRemuneration2.83approved2.832.832.83Textual Information(14)
Total value of transaction during the reporting period586.25