Neo Infracon held its 43rd Annual General Meeting on September 22, 2026, through Video Conferencing and Other Audio Visual Means. The virtual format was adopted in compliance with Ministry of Corporate Affairs and SEBI circulars regarding general meetings.

The Chairman briefed members on the company's performance and operations during the session. Audited financial statements, the Director's Report, and statutory registers were made available for electronic inspection. The filing confirmed that there were no audit qualifications in the Audit Reports for the period under review.

Meeting proceedings and attendance

The requisite quorum was present, allowing the Chairman to call the meeting to order. Key directors and officials attended virtually, including the Chairman and Managing Director, Ankush Mehta, and Executive Director, Bhavik Mehta. Independent directors Honey Deepak Jain and Rahul Kanungo were also present. Dilipkumar Mehta served as Chief Financial Officer, while Sonal Kanabar acted as Company Secretary and Compliance Officer.

Vijay Kumar Mishra of VKM & Associates served as the scrutinizer to ensure a fair and transparent e-voting process. Harshada Vora acted as the Independent Company Secretary for the meeting.

Voting and compliance details

The e-voting facility remained open for three days from September 18, 2026, at 9:00 am to September 21, 2026, at 5:00 pm. Members who had not cast their votes electronically prior to the meeting were provided an opportunity to vote during the AGM itself.

The Company Secretary informed attendees that the Notice of the AGM, along with audited financials and the Directors' Report, had been circulated previously and was taken as read. The summary of resolutions set out in the Notice was then presented for members' consideration and approval.

Neo Infracon Limited promoter Bhavik N. Mehta acquired 1,500 equity shares through the open market on September 10, 2026. The transaction represents a 0.03% increase in his stake relative to the company’s total voting capital.

The disclosure was filed with the Bombay Stock Exchange on September 11, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shareholding Details

Prior to this acquisition, Mehta held 3,52,048 shares, accounting for 6.63% of the total voting rights. Following the purchase, his total holding stands at 3,53,548 shares, or 6.66% of the equity share capital.

The company’s total equity share capital remained unchanged at 53,06,800 equity shares before and after the transaction. There were no warrants, convertible securities, or other instruments entitling the acquirer to voting rights involved in this deal.

Regulatory Context

Mehta is classified as part of the Promoter Group. The acquisition was executed via the open market, and no shares were pledged or encumbered post-transaction. The filing confirms that the total diluted share/voting capital remains at 53,06,800 equity shares.