Announced Fri, 20 Mar · 15:09 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 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 14 horizons · vs prior close

-7.5%1-day move

₹43.25

prior close

₹43.00

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+3.7—-7.5-0.6-4.0+1.0-7.5-2.0+14.5+12.2-4.5-5.1

Up moveDown movePending

AI summary

Bhavik N Mehta, part of the promoter group of Neo Infracon Ltd, purchased 1,500 equity shares in the open market on 18th March 2026. This increased his individual stake from 3,22,954 shares (6.08%) to 3,24,454 shares (6.11%) of the company. The total share capital of Neo Infracon stands at 53,06,800 equity shares. The acquisition is minor in size at just 0.02% of the company's paid-up capital.

Likely market impact

This is a very small, routine acquisition by a promoter group member and is unlikely to have any material impact on the stock price. It indicates continued promoter confidence at a token level rather than a meaningful change in ownership.