The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Darshik D Mehta
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Awaiting price reaction for this filing.
Mr. Darshik D. Mehta, part of the promoter group of Neo Infracon Ltd, has acquired 400 equity shares (0.00% of paid-up capital) through the open market on 18 September 2025, as disclosed under SEBI Regulation 29(2). His shareholding increased marginally from 3,14,896 shares (5.92%) to 3,15,296 shares (5.94%). The total equity share capital of the company remains unchanged at 53,06,800 shares. The disclosure was filed via BSE.
The acquisition is negligible in size and unlikely to have any material impact on the stock price or shareholder value. It signals routine promoter buying confidence but the quantum is too small to be meaningful.