BSENeo Infracon LtdMediumPositive
Announced Wed, 10 Sept · 17:48 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 BuyPromoter Below 50pctOwnership 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, a member of the promoter group of Neo Infracon Ltd, has disclosed an acquisition of 50 equity shares in the open market on 9th September 2025. Before the acquisition, he held 3,05,521 shares (5.75%) of the company, and after the acquisition, his holding stands at 3,05,571 shares (5.75%). The mode of acquisition was open market, and the total equity share capital of Neo Infracon is 53,06,800 shares. The change in his stake is negligible at 0.00% and does not alter his proportional holding materially.

Likely market impact

This is a routine, negligible insider purchase of just 50 shares and is unlikely to have any meaningful impact on the stock price or shareholder sentiment. The disclosure is essentially a regulatory formality since the promoter's stake remains unchanged at 5.75%.