BSENeo Infracon LtdHighPositive
Announced Tue, 9 Sept · 15:21 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

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

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.

Likely market impact

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.