BSENeo Infracon LtdMediumPositive
Announced Wed, 17 Sept · 16:08 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

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

Awaiting price reaction for this filing.

AI summary

Darshik D. Mehta, a member of the promoter group of Neo Infracon Ltd, acquired 1,825 equity shares (0.03% of total share capital) through open market purchase on 16th September 2025. His voting shareholding increased from 3,12,571 shares (5.89%) to 3,14,396 shares (5.92%). The disclosure was filed under SEBI Regulation 29(2) of the Takeover Regulations. The company's total equity share capital remains 53,06,800 shares.

Likely market impact

This is a very small acquisition by a promoter group member and signals continued promoter confidence in the company. Given the negligible size (0.03%), it is unlikely to have any meaningful impact on the stock price.