BSENeo Infracon LtdHighPositive
Announced Tue, 30 Dec · 15:58 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

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Mr. Darshik D. Mehta, a member of the promoter group of Neo Infracon Ltd, purchased 1,000 equity shares (0.01%) of the company through the open market on 29th December 2025. Post this acquisition, his total holding stands at 3,48,337 shares, representing 6.56% of the company's equity share capital, up from 6.55% (3,47,337 shares) prior to the transaction. This disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. The total equity share capital of the company remains at 53,06,800 shares.

Likely market impact

This is a very small token purchase by a promoter group member and is unlikely to have any meaningful impact on the stock price. However, it signals continued promoter confidence in the company, though the marginal size of the acquisition limits its significance.