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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Mr. Darshik D. Mehta, part of the promoter group of Neo Infracon Ltd, acquired 1,000 equity shares (0.01% of total share capital) through the open market on 11th September 2025. Before the acquisition, his holding stood at 3,05,571 shares (5.76%), and after the acquisition it marginally rose to 3,06,571 shares (5.77%). The shares were acquired in voting rights equity shares, with no encumbrance or pledge involved. The total equity share capital of the company remains at 53,06,800 shares. This is a routine disclosure under SEBI's Substantial Acquisition of Shares & Takeovers Regulations.
The acquisition is too small (just 1,000 shares) to have any meaningful impact on the stock price or shareholder value. It signals continued promoter confidence, but the tiny size suggests it's a routine personal-level purchase rather than a strategic move.