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

Promoter bought stakeCreeping acquisition near the thresholdOwnership Changes View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.4%Reaction day

₹36.00

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.5%-0.9% vs market

Residential, Commercial Projects peers, median of 54sector+0.8%-2.2% vs sector

On the reaction day the stock moved 0.9 pts less than Nifty Microcap 250 and 2.2 pts less than its Residential, Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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15m

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30m

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.4-0.5-0.9+0.8-2.2

Next day

+1.7-1.1+2.7-0.0+1.7

+2.8-1.8+4.6+0.0+2.8

+2.8-1.9+4.7-1.5+4.3

+6.9-0.5+7.5-0.1+7.1

+1.4-0.3+1.7-1.4+2.8

+5.3+0.9+4.4-1.2+6.5

15d

-2.8-4.3+1.5-3.0+0.2

+2.3-9.3+11.5-7.1+9.3

+20.8-5.4+26.2-7.4+28.2

+19.4-13.7+33.2-16.2+35.6

UpDownMarket · Nifty Microcap 250Sector · Residential, Commercial Projects peers, median of 54Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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%.

Likely market impact

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.