BSENeo Infracon LtdHighPositive
Announced Wed, 10 Jun · 17:36 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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Price reaction · full curve 14 horizons · vs prior close
+1.5%1-day move
₹43.85
prior close
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.5-1.9-1.9-2.4-6.8-6.4+3.6-8.8
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AI summary

Bhavik N. Mehta, a member of the Promoter Group of Neo Infracon Ltd, has disclosed the acquisition of 300 equity shares (0.006% of total share capital) through the open market on 9th June 2026. Before the acquisition, the acquirer held 3,28,647 shares (6.19%); after the acquisition, the holding rose marginally to 3,28,947 shares (6.19%). The total equity share capital of the company remains 53,06,800 shares. No encumbrances, warrants, or convertible securities were involved in this transaction.

Likely market impact

This is a very small open market purchase by a promoter group member and is unlikely to have any material impact on the stock price or shareholding structure. It signals continued minor promoter confidence but the negligible size means no significant change in control dynamics.