Promoter Acquires Shares in Neo Infracon Ltd, Increasing Holding to 6.19%
Mr. Bhavik N. Mehta, acting as a person in concert with the acquirer, has acquired shares of Neo Infracon Limited (Neil) through the open market. The acquisition was completed on June 5, 2026, resulting in an increase in the promoter group's holding.The transaction saw Mr. Mehta acquire 780 voting rights shares of the company. This purchase contributed to the gradual increase in his stake in Neo Infracon Limited.Prior to the acquisition, the acquirer held 3,27,766 shares carrying voting rights, representing a 6.17% holding against the total share capital of the target company. The mode of this acquisition was the open market.Following the purchase, the...