BSENeo Infracon LtdMediumPositive
Announced Tue, 24 Mar · 14:57 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 BuyOwnership Changes View source PDF

Price

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

Price reaction · full curve 14 horizons · vs prior close
+3.8%1-day move
₹40.00
prior close
₹42.78
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.0+0.5+0.5+3.8+9.2+0.0+5.0+6.0+11.9+21.4+16.2+4.2+7.5
Up moveDown movePending
AI summary

Mr. Darshik D. Mehta, part of the promoter group of Neo Infracon Limited, acquired 2,500 equity shares (0.05% of total share capital) through open market purchase on 23rd March 2026. This is a disclosure filed under SEBI Regulation 29(2) of the Takeover Regulations. His stake in the company increased marginally from 6.78% (3,60,938 shares) to 6.85% (3,63,438 shares). The total equity share capital of the company stands at 53,06,800 shares.

Likely market impact

This is a very small acquisition by an individual promoter group member and is unlikely to have any material impact on the stock price. It reflects a mild show of confidence by a promoter entity but does not signal any meaningful change in ownership structure or control.