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, part of the promoter group of Neo Infracon Ltd, acquired 2,200 equity shares (0.04%) through the open market on 22nd December 2025. His holding rose from 3,42,552 shares (6.44%) to 3,44,752 shares (6.49%) of the company's paid-up equity capital. The total share capital of the company stands at 53,06,800 equity shares. The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations, which mandates reporting when a promoter buys shares while already holding between 5% and 10%.
This is a minor, incremental purchase by an existing promoter and is unlikely to have any meaningful impact on the stock price or shareholder value. It signals continued promoter confidence at a low level, as the stake increase is negligible.