BSENeo Infracon LtdMediumPositive
Announced Wed, 10 Dec · 14:50 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

Awaiting price reaction for this filing.

AI summary

Darshik D. Mehta, part of the promoter group of Neo Infracon Limited, purchased 1,500 equity shares (0.03% of paid-up capital) in the open market on 9th December 2025. His holding increased from 3,35,334 shares (6.32%) to 3,36,834 shares (6.35%). No encumbrance or pledge activity was reported. This is a small creeping acquisition disclosed under SEBI Regulation 29(2) of the Takeover Regulations, 2011.

Likely market impact

The acquisition is minor in size and is a routine open-market purchase by a promoter group member, signalling mild confidence. It is unlikely to materially move the stock price or change the company's control structure.