BSENeo Infracon LtdMediumPositive
Announced Thu, 11 Dec · 14:58 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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▲ 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

Darshik D. Mehta, part of the promoter group of Neo Infracon Ltd, purchased 1,200 equity shares (0.02% of total share capital) in the open market on 10th December 2025. This is a disclosure under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. His total holding in the company increased marginally from 3,36,834 shares (6.35%) to 3,38,034 shares (6.37%). The total equity share capital of the company stands at 53,06,800 shares, and no encumbrances or pledges are involved in this transaction.

Likely market impact

The acquisition is very small (0.02%) and unlikely to materially affect the stock price. It signals continued promoter group confidence in the company, though the size is too minor to indicate any significant strategic move or change in ownership structure.