BSENeo Infracon LtdMediumPositive
Announced Wed, 3 Jun · 14:57 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 BuyPromoter Below 50pctOwnership 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
+0.2%1-day move
₹42.90
prior close
₹41.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+2.4+0.2+0.9+2.5-0.2+2.2+3.7+0.2+5.9
Up moveDown movePending
AI summary

Bhavik N. Mehta, a member of the promoter group of Neo Infracon Ltd, has filed a disclosure under SEBI SAST Regulation 29(2) reporting the acquisition of 1 equity share in the open market on 2nd June 2026. His holding moved marginally from 3,26,829 shares to 3,26,830 shares, with his stake remaining unchanged at 6.15% of the total equity share capital of 53,06,800 shares. The disclosure is a regulatory filing triggered by the share purchase, and the economic impact on the company's shareholding pattern is negligible. No encumbrance (pledge/lien) activity is reported in this disclosure.

Likely market impact

This is a token/technical acquisition of just 1 share and has no material impact on the stock price or promoter shareholding pattern. The promoter group holding stays flat at 6.15%, which is well below the 50% mark and does not alter control of the company.