The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Darshik D Mehta
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Darshik D. Mehta, a member of the Promoter Group of Neo Infracon Ltd, acquired 700 equity shares (0.01%) via the open market on 3rd December 2025. Post this acquisition, his holding rose from 3,32,594 shares (6.27%) to 3,33,294 shares (6.28%) of the company's total share capital of 53,06,800 equity shares. The disclosure has been filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, with no encumbrance or pledge activity involved. The transaction size is very small relative to the company's overall capital and his existing holding.
This is a minor, confidence-signalling open market purchase by a promoter group member, but the quantum is negligible (just 700 shares, ~0.01%) and is unlikely to have any meaningful effect on the stock price or shareholder value.