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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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.
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.