The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhavik N Mehta
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Mr. Bhavik N. Mehta, a member of the Promoter Group of Neo Infracon Ltd, has disclosed an open market acquisition of 1,499 equity shares (0.02% of the total share capital) on 6th March 2026. Prior to this acquisition, he held 3,17,394 shares (5.98%), and post-acquisition his holding stands at 3,18,893 shares (6.00%). The company's total equity share capital is 53,06,800 shares, and no encumbrance (pledge/lien) was created on the acquired shares. The disclosure has been filed with BSE in compliance with SEBI Takeover Regulations.
This is a very small, routine promoter group purchase with negligible impact on shareholding pattern or stock price. It signals continued promoter confidence but does not materially change the ownership structure.