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, acquired 566 equity shares (0.01% of total share capital) through the open market on 08 September 2025. After this acquisition, his total holding stands at 3,14,899 shares, which is 5.93% of the company's equity share capital (53,06,800 shares). The transaction is disclosed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, filed with BSE on 09 September 2025.
This is a token-sized, confidence-signalling purchase by a promoter group member — too small to materially affect shareholding pattern or stock price, but indicates promoter conviction. No encumbrance or pledge activity is involved.