BSENeo Infracon LtdHighPositive
Announced Sat, 13 Dec · 14:07 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

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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 360 equity shares (0.007% of total share capital) through open market on December 12, 2025. His holding increased marginally from 3,38,661 shares (6.38%) to 3,39,021 shares (6.39%). The total equity share capital of the company stands at 53,06,800 shares. The disclosure has been made under Regulation 29(2) of the SEBI Takeover Regulations, 2011, applicable to promoter group acquisitions.

Likely market impact

This is a token-sized acquisition by a promoter group member with negligible impact on shareholding pattern. While it signals continued promoter confidence, the size is too small to materially affect stock price or shareholder wealth.