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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Mr. Bhavik N. Mehta, a member of the Promoter Group of Neo Infracon Limited, has disclosed an open market acquisition of 1,756 equity shares (0.03% of the total share capital) on 3rd September 2025. Prior to this acquisition, his holding stood at 3,09,553 shares (5.83%), which has now increased to 3,11,309 shares (5.86%). The total equity share capital of the company remains unchanged at 53,06,800 shares. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
This is a small open-market purchase by a promoter group member, indicating modest confidence-building buying by insiders. The transaction size is too small (0.03%) to materially affect shareholding structure or stock price, but it signals continued promoter group interest in the company.