BSENeo Infracon LtdMediumPositive
Announced Fri, 20 Mar · 15:15 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 BuyOwnership 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 14 horizons · vs prior close
-7.5%1-day move
₹43.25
prior close
₹43.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0+3.7-7.5-0.6-4.0+1.0-7.5-2.0+14.5+12.2-4.5-5.1
Up moveDown movePending
AI summary

Darshik D. Mehta, a member of the promoter group of Neo Infracon Ltd, has acquired 1,100 equity shares of the company through the open market on 19th March 2026. The acquisition increased his shareholding from 3,58,759 shares (6.76%) to 3,59,859 shares (6.78%) of the total equity share capital. The mode of acquisition was open market, and the total equity share capital of the company remains at 53,06,800 shares. The disclosure has been filed under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011.

Likely market impact

This is a small, routine open-market purchase by a promoter group member, signalling mild insider confidence in the company. The marginal increase of just 0.02% in stake is unlikely to have any meaningful impact on the stock price but indicates continued promoter group interest in the company.