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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Awaiting price reaction for this filing.
Darshik D. Mehta, a member of the promoter group of Neo Infracon Ltd, has bought 4,000 equity shares (0.07% of the company's total share capital) through the open market on 26 November 2025. This is filed under SEBI's Regulation 29(2) for Substantial Acquisition of Shares & Takeovers. Before this purchase, he held 3,21,594 shares (6.06%), and after the acquisition his holding has risen to 3,25,594 shares (6.13%). The total equity share capital of the company remains 53,06,800 shares. The mode of acquisition was open market, and no encumbrance changes were reported.
This is a small open-market purchase by a promoter group member, indicating mild insider confidence. The change in stake is marginal (from 6.06% to 6.13%), so it is unlikely to have a meaningful impact on the stock price or shareholder structure.