BSENeo Infracon LtdMediumPositive
Announced Thu, 21 Aug · 13:21 IST

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

Promoter Stake BuyOwnership Changes View source PDF

Price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bhavik N. Mehta, a member of the promoter group of Neo Infracon Ltd, has acquired 1,526 equity shares of the company through open market purchase on 21st August 2025. Before the acquisition, he held 2,87,084 shares (5.41% of paid-up capital). After the acquisition, his holding stands at 2,88,610 shares (5.43%). The total equity share capital of the company is 53,06,800 shares, which remains unchanged.

Likely market impact

This is a marginal increase of just 0.02% in promoter holding, signaling mild promoter confidence but unlikely to have any meaningful impact on the stock price or shareholder structure.