BSENeo Infracon LtdHighPositive
Announced Mon, 22 Sept · 10:19 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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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Darshik D. Mehta, part of the promoter group of Neo Infracon Ltd, has filed a Regulation 29(2) disclosure with BSE for the acquisition of 800 equity shares in the company on 19th September 2025 through the open market. This is a very small purchase, representing just 0.01% of the company's total share capital of 53,06,800 equity shares. As a result, his total holding in the company has increased marginally from 3,15,296 shares (5.94%) to 3,16,096 shares (5.95%). There are no changes to encumbered shares, voting rights, or convertible instruments. The filing has been made to comply with SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.

Likely market impact

This is a token/insignificant purchase by a promoter with negligible impact on shareholding pattern or stock price. It signals promoter confidence at a very minor level but does not materially change the company's ownership structure or control dynamics.