BSENeo Infracon LtdMediumPositive
Announced Mon, 8 Jun · 12:42 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 BuyPromoter Below 50pctOwnership 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 14 horizons · vs prior close
-1.1%1-day move
₹43.29
prior close
₹44.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0-1.1+1.3+6.3+2.8-0.7-1.2-0.3-5.3
Up moveDown movePending
AI summary

Bhavik N. Mehta, a member of the promoter group of Neo Infracon Ltd, acquired 780 equity shares (0.002% of total share capital) through the open market on 5th June 2026. Prior to this acquisition, he held 3,27,766 shares (6.17%) of the company. After the acquisition, his holding marginally increased to 3,28,546 shares (6.19%). The total equity share capital of the company stands at 53,06,800 shares. The disclosure was filed under SEBI's SAST Regulations, 2011. This is a small, routine purchase by the promoter group with no change in encumbrances or convertible instruments.

Likely market impact

This is a minor open market buy by a promoter group member, signalling continued promoter confidence but the size is negligible and is unlikely to materially affect the stock price. Shareholders should note that promoter holdings remain well below 50%, indicating no change in controlling interest.