BSENeo Infracon LtdMediumPositive
Announced Tue, 16 Sept · 16:51 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, part of the promoter group of Neo Infracon Ltd, acquired 4,000 equity shares (0.08% of total share capital) through open market purchase on 15th September 2025. His total voting shareholding rose from 3,08,571 shares (5.81%) to 3,12,571 shares (5.89%). The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations. No encumbrance, warrants, or convertible securities are involved in the transaction.

Likely market impact

This is a minor incremental open-market purchase by a promoter, signalling modest confidence but with negligible impact on overall shareholding or stock price. Existing shareholders should note promoter group members are well below the 50% mark, indicating dispersed promoter ownership.