BSENeo Infracon LtdHighPositive
Announced Fri, 12 Sept · 16:21 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

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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 Ltd, has filed a disclosure under Regulation 29(2) of SEBI's Takeover Regulations. He acquired 25 equity shares (0.00%) through open market on September 11, 2025. His total holding in the company increased marginally from 3,14,899 shares (5.93%) to 3,14,924 shares (5.93%) of the equity share capital. The company's total equity share capital stands at 53,06,800 shares.

Likely market impact

This is a negligible acquisition of just 25 shares and has no material impact on the promoter's stake or the company's ownership structure. No meaningful effect on share price or shareholder interests is expected.