BSENeo Infracon LtdHighPositive
Announced Tue, 2 Dec · 12:03 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 BuyPromoter Below 50pctOwnership Changes View source PDF

Price

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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

Mr. Darshik D. Mehta, a member of the promoter group of Neo Infracon Ltd, acquired 2,000 equity shares (0.04%) through the open market on 1st December 2025. His holding rose from 3,29,594 shares (6.21%) to 3,31,594 shares (6.25%) of the company's paid-up equity capital of 53,06,800 shares. The acquisition was disclosed to BSE under Regulation 29(2) of SEBI (SAST) Regulations, 2011. No encumbrance or pledge details are involved in this transaction.

Likely market impact

This is a small, confidence-signalling buy by a promoter group member, but the incremental size (just 2,000 shares) is too small to materially move the needle on shareholding or stock price. Promoter stake remains well below majority levels, indicating limited promoter control in the company.