Neo Infracon Ltd. Promoter Acquires Shares
Neo Infracon Limited announced that Mr. Darshik D. Mehta, a promoter of the company, acquired shares on March 20, 2026. The acquisition was disclosed in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.Mr. Mehta, who is part of the Promoter group, held 3,59,859 shares, representing 6.78% of the company’s total share/voting capital, prior to the acquisition. He acquired an additional 1,079 shares through open market transactions.
Following the acquisition, Mr. Mehta’s holding increased to 3,60,938 shares, representing 6.80% of the company's total share/voting capital.
The total equity share capital and total voting capital of Neo Infracon Limited remained at 53,06,800 equity shares.
| Detail | Value |
|---|---|
| Name of Target Company | NEO INFRACON LIMITED |
| Name of Acquirer | Mr. Darshik D. Mehta |
| Promoter Group Status | Yes |
| Stock Exchange Listing | BSE Ltd |
| Holding Before Acquisition | 3,59,859 shares |
| % Holding Before Acquisition | 6.78% |
| Shares Acquired | 1,079 |
| % of Shares Acquired | 0.02% |
| Holding After Acquisition | 3,60,938 shares |
| % Holding After Acquisition | 6.80% |
| Mode of Acquisition | Open Market |
| Date of Acquisition | March 20, 2026 |
| Equity Share Capital/Total Voting Capital | 53,06,800 equity shares |
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