BSENeo Infracon LtdMediumPositive
Announced Wed, 10 Jun · 10:43 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 BuyPromoter Below 50pctOwnership Changes View source PDF

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▲ 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
+7.5%1-day move
₹42.80
prior close
₹44.49
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+0.0+0.0+0.0+7.5+4.0+0.5+0.5-0.0-4.5-6.5-0.7
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AI summary

Bhavik N. Mehta, a member of the promoter group of Neo Infracon Ltd, has disclosed the acquisition of 101 equity shares (0.002%) through the open market on 8th June 2026 under Regulation 29(2) of SEBI Takeover Regulations. His voting shareholding rose marginally from 3,28,546 shares (6.19%) to 3,28,647 shares (6.19%) of the company. The total equity share capital of Neo Infracon stands at 53,06,800 shares. This is a routine, extremely small acquisition by the promoter group.

Likely market impact

The acquisition is negligible in size and does not materially change the promoter group's stake or the company's ownership structure. No meaningful impact expected on the stock price or shareholder positioning.