BSENeo Infracon LtdMediumNeutral
Announced Mon, 8 Sept · 11:29 IST

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

Promoter Stake BuyOwnership Changes View source PDF

Price

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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

Mr. Bhavik N. Mehta, a member of the Promoter Group of Neo Infracon Limited, acquired 3,000 equity shares on the open market on 4th September 2025. This increased his individual holding in the company from 5.86% (3,11,309 shares) to 5.92% (3,14,309 shares) of the total equity share capital of 53,06,800 shares. The disclosure has been filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition was a small, incremental purchase of just 0.05% of the company's share capital.

Likely market impact

A minor promoter group purchase which is generally viewed as a mild positive/confidence signal, but the size is too small (0.05% change) to have any meaningful impact on the stock price or shareholding structure.