BSENeo Infracon LtdMediumPositive
Announced Fri, 21 Nov · 14:18 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

Mr. Darshik D. Mehta, a member of the promoter group of Neo Infracon Ltd, acquired 1,500 equity shares (0.03% of total share capital) through open market purchase on 20th November 2025. His holding in the company rose from 3,16,096 shares (5.95%) to 3,17,596 shares (5.98%). The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. The total equity share capital of the company stands at 53,06,800 shares, and no encumbrance or pledge activity is involved.

Likely market impact

This is a very small, confidence-inspiring buy by a promoter group member, but the size is too negligible to materially affect shareholding or stock price. Retail investors may note promoter intent to hold/acquire, though the acquisition is not significant enough to signal a major change in control or outlook.