Announced Mon, 23 Mar · 16:38 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 BuyPromoter Below 50pctOwnership Changes View source PDF

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close

+3.8%1-day move

₹40.00

prior close

₹43.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0+3.8+9.2+0.0+5.0+6.0+11.9+21.4+16.2+4.2+7.5

Up moveDown movePending

AI summary

Darshik D. Mehta, part of the promoter group of Neo Infracon Ltd, has acquired 1,079 equity shares (0.02% of total share capital) through the open market on 20th March 2026. His holding in the company has increased marginally from 3,59,859 shares (6.78%) to 3,60,938 shares (6.80%). The total equity share capital of the company remains 53,06,800 shares. The disclosure has been filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, and the transaction was carried out in the ordinary course through the BSE platform.

Likely market impact

The acquisition is very small in size (only 1,079 shares, 0.02%) and is unlikely to have any meaningful impact on the stock price. It signals continued promoter group confidence in the company, though the overall promoter holding remains well below 50%.