Neo Infracon Limited will hold a board meeting on August 29, 2026, to appoint D. Satyaprakash & Co., LLP as its statutory auditor and finalize details for its 43rd annual general meeting.

The firm will fill a casual vacancy created by the resignation of the previous auditor due to an inability to arrive at a mutually acceptable fee structure. The board’s approval is subject to necessary compliances under the Companies Act, 2013 and SEBI regulations.

Meeting Details

The meeting is scheduled for 4:00 pm at the company’s registered office. In addition to the auditor appointment, the agenda includes finalizing internal auditors, approving the director’s report, and appointing an agency for conducting the AGM with remote e-voting.

Neo Infracon Limited, formerly known as Anuvin Industries Limited, will issue further disclosures regarding the outcome of the meeting in accordance with SEBI (LODR) Regulations, 2015.

Promoter Darshik D. Mehta has increased his stake in Neo Infracon by acquiring 3,228 equity shares in the open market on August 20, 2026. The transaction brings his total holding to 4,17,469 shares, representing 7.87% of the company’s total voting capital.

The acquisition was disclosed to the BSE Limited on August 21, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mehta, who belongs to the promoter group, purchased the additional shares through open market transactions.

Shareholding Details

Prior to this acquisition, Mehta held 4,14,241 shares carrying voting rights, which accounted for 7.81% of Neo Infracon’s total share capital. The company’s total equity share capital remained unchanged at 53,06,800 equity shares before and after the transaction.

The disclosure confirms that none of the shares held by Mehta are encumbered through pledges, liens, or non-disposal undertakings. Additionally, there were no holdings of warrants, convertible securities, or other instruments entitling the acquirer to receive shares carrying voting rights at any stage of the transaction.