The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Bhavik N Mehta
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Bhavik N. Mehta, a member of the promoter group of Neo Infracon Limited, has acquired 500 equity shares of the company through the open market on 5th March 2026. This represents a marginal 0.009% increase in his stake, taking his holding from 3,16,894 shares (5.95%) to 3,17,394 shares (5.98%) of the total equity share capital. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The total equity share capital of the company remains at 53,06,800 shares. The change is very small and not material from a corporate control perspective.
This is a token, non-material acquisition by a promoter group member with virtually no impact on shareholding pattern or stock price. Retail investors should not read this as a meaningful signal of promoter confidence — the change is too small to draw any strategic conclusion.