BSENeo Infracon LtdMediumPositive
Announced Mon, 2 Mar · 10:09 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Darshik D Mehta

Promoter Stake BuyOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Darshik D. Mehta, a member of the promoter group of Neo Infracon Ltd, filed a disclosure under SEBI's Takeover Regulations for acquiring 399 equity shares in the open market on 27th February 2026. This increased his individual holding from 3,58,360 shares (6.75%) to 3,58,579 shares (6.76%) of the company's voting capital. The total share capital of the company remains 53,06,800 equity shares. No encumbrances (pledge/lien) were created or released as part of this transaction.

Likely market impact

This is a very small acquisition (just 399 shares or 0.008% of voting capital) by a promoter group member, signalling minor insider confidence but with negligible impact on overall shareholding pattern or stock price.