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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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.
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.