The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Darshik D Mehta
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Awaiting price reaction for this filing.
Mr. Darshik D. Mehta, part of the promoter group of Neo Infracon Ltd, acquired 500 equity shares of the company through the open market on 17 September 2025. Prior to this acquisition, he held 3,14,396 shares (5.92% of the equity share capital). After the acquisition, his holding marginally rose to 3,14,896 shares, with the percentage remaining effectively unchanged at 5.92%. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, and there were no changes to encumbered shares or any other instruments.
This is a very small, token purchase (just 500 shares or 0.00% of capital) by a promoter group member, signalling minor confidence rather than a meaningful stake change. It is unlikely to have any material impact on the stock price or overall promoter shareholding dynamics.