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, a member of the promoter group of Neo Infracon Limited, has disclosed an open-market purchase of 1,531 equity shares (0.03% of the company's paid-up capital) on 19th December 2025. After this acquisition, his voting-rights holding rose from 3,40,661 shares (6.42%) to 3,42,192 shares (6.45%) of the company. No shares were encumbered (pledged/invoked/released) as part of this transaction. The total equity share capital of Neo Infracon stands at 53,06,800 shares. The disclosure has been made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
The acquisition is very small (only 1,531 shares or 0.03%) and is unlikely to move the stock price materially. However, it signals continued promoter-group confidence in the company and is a routine compliance filing — investors should not read it as a major strategic move.