BSENeo Infracon LtdHighPositive
Announced Tue, 9 Dec · 12:37 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Darshik D Mehta

Promoter Stake BuyOwnership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Darshik D. Mehta, a member of the promoter group of Neo Infracon Ltd, has acquired 2,000 equity shares of the company through the open market on 8th December 2025. This increased his shareholding from 3,33,334 shares (6.28%) to 3,35,334 shares (6.32%) of the total equity share capital of 53,06,800 shares. The disclosure was filed under Regulation 29(2) of SEBI (SAST) Regulations, 2011, which governs reporting of changes in shareholding by promoters. The acquisition size is very small, representing only a 0.04% increase in stake.

Likely market impact

This is a minor open-market purchase by a promoter group member and is generally seen as a confidence signal, though the tiny size (2,000 shares) means it is unlikely to materially impact the stock price. No immediate action is required from shareholders.