BSENeo Infracon LtdMediumPositive
Announced Fri, 5 Jun · 12:50 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

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹42.99
prior close
₹41.95
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+2.3-0.4+2.0+7.0+3.5+0.0-1.3
Up moveDown movePending
AI summary

Mr. Bhavik N. Mehta, part of the promoter group of Neo Infracon Limited, bought 819 shares through the open market on June 3, 2026. This small purchase nudged his individual holding from 6.15% to 6.17% of the company's total equity share capital (53,06,800 shares). The disclosure was filed under SEBI's substantial acquisition and takeover regulations, which require promoter group members to report changes in their shareholding. No encumbrances (pledges or liens) were created or invoked as part of this transaction.

Likely market impact

The acquisition is too small to affect ownership or control of the company; it signals minor promoter confidence but carries no material implication for shareholders or the stock price.