Announced Wed, 18 Mar · 14:38 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

-1.3%1-day move

₹43.80

prior close

₹43.60

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0-1.3+1.8-8.7-1.8-5.3-8.7-0.7+10.8-5.3-6.6

Up moveDown movePending

AI summary

Mr. Bhavik N. Mehta, a member of the promoter group of Neo Infracon Ltd, has filed a disclosure under Regulation 29(2) of the SEBI Takeover Regulations for acquiring 109 equity shares in the open market on 17th March 2026. The acquisition represents just 0.002% of the company's total share capital of 53,06,800 equity shares. His total holding increased marginally from 3,22,845 shares (6.08%) to 3,22,954 shares (6.08%). This is a routine, very small open-market purchase with no change in his effective percentage stake in the company.

Likely market impact

Negligible impact for shareholders — the acquisition is symbolic in size and does not alter the promoter's effective stake or the company's ownership structure. Investors are unlikely to see any meaningful price movement from this disclosure.