The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhavik N Mehta
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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.
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.