Neo Infracon Ltd has seen an increase in its promoter stake following a recent acquisition of shares by Mr. Darshik D. Mehta. The transaction, which took place through the open market on June 23, 2026, saw the Promoter Group acquire additional voting rights, slightly increasing their holding in the company.
The details of the shareholding status before and after the acquisition were confirmed, showing a modest increase in the promoter's stake. Mr. Darshik D. Mehta, acting as part of the Promoter Group, purchased 998 shares of the company.
Prior to this purchase, the Promoter Group held 3,82,749 shares, constituting 7.21 percent of the total voting capital.
The acquisition resulted in the promoter group's holding rising to 3,83,747 shares. This figure represents a 7.23 percent stake after the purchase.
Key financial details regarding the shareholding are presented below:
| Metric | Before Acquisition | Transaction Details | After Acquisition |
|---|---|---|---|
| Promoter Holdings (Shares) | 3,82,749 | Acquired: 998 shares | 3,83,747 |
| Promoter Holdings (%) | 7.21% | Percentage Acquired: 0.02% | 7.23% |
| Total Equity Share Capital | 53,06,800 equity shares | Mode of Acquisition: Open Market | 53,06,800 equity shares |
The company’s total voting capital remained stable at 53,06,800 equity shares both before and after the acquisition. The purchase by Mr. Darshik D. Mehta was conducted in the open market on June 23, 2026.
Stock Price Movement
As of 10:34, Neo Infracon Ltd shares are ticking up at ₹43.49, showing a strong gain of 7.36%. The stock traded within an intraday range, moving between a low of ₹43.49 and a high of ₹43.80.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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