BSENeo Infracon LtdHighPositive
Announced Mon, 24 Nov · 12:52 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Darshik D Metha

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Darshik D. Mehta, a member of the promoter group of Neo Infracon Limited, has acquired 2,498 equity shares (0.05% of total share capital) through the open market on 21st November 2025. His holding in the company has increased from 3,17,596 shares (5.98%) to 3,20,094 shares (6.03%). The total equity share capital of the company stands at 53,06,800 shares. This is a minor incremental purchase by the promoter group via open market, filed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.

Likely market impact

The acquisition is very small (just 0.05% increase) and is unlikely to have a material impact on the stock price, but it shows continued promoter group confidence in the company. No change in total share capital has occurred.