Neo Infracon promoter buys 10,000 shares in open market

1 min read | Published on 04 Sept 2026, 10:33 AM |Updated on 04 Sept 2026, 10:33 AM

Reviewed by

Ashish TScanX News Team

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Key Highlights

Promoter Bhavik N. Mehta acquired 10,000 shares via open market on September 2, 2026
Total holding increased from 3,29,951 (6.21%) to 3,39,951 shares (6.40%)
Disclosure filed under SEBI SAST Regulations Regulation 29(2)
No encumbrances or pledges reported on the acquired or existing shares

*this image is generated using AI for illustrative purposes only.

Neo Infracon Limited promoter Bhavik N. Mehta acquired 10,000 equity shares through the open market on September 2, 2026. The transaction increased his total holding to 3,39,951 shares, representing a 6.40% stake in the company.

The acquisition was disclosed to the BSE Limited under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mehta, who is part of the promoter group, held 3,29,951 shares (6.21%) prior to this transaction.

What the Numbers Show

The open market purchase reflects a modest increase in promoter confidence. With no encumbrances reported on the acquired or existing shares, the entire holding remains free of pledges or liens. The total voting capital of Neo Infracon remained unchanged at 53,06,800 equity shares following the trade.

Transaction Details

Metric	Before Acquisition	Acquired	After Acquisition
Shares (Voting Rights)	3,29,951	10,000	3,39,951
Stake Percentage	6.21%	0.19%	6.40%
Encumbrances	Nil	Nil	Nil

The mode of acquisition was specified as an open market purchase. No warrants, convertible securities, or other instruments entitling the acquirer to receive shares were involved in the transaction.

Historical Stock Returns for Neo Infracon

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.62%	+7.95%	+4.15%	+20.34%	+1.67%	0.0%

Will Bhavik N. Mehta's open market purchase signal a broader accumulation strategy by the promoter group in the coming quarters?

How might this increase in promoter holding impact Neo Infracon's stock price volatility and retail investor sentiment?

Are there any upcoming corporate actions or project milestones that could explain the timing of this acquisition?

Neo Infracon

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Neo Infracon promoter Darshik Mehta buys 4,200 shares in open market

1 min read | Published on 02 Sept 2026, 04:10 PM |Updated on 02 Sept 2026, 04:10 PM

Reviewed by

Suketu GScanX News Team

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Key Highlights

Darshik D. Mehta acquired 4,200 Neo Infracon shares on September 1, 2026
Promoter stake rises from 8.18% to 8.27% of total voting capital
Transaction executed via open market under SEBI SAST Regulation 29(2)
Total promoter holding now stands at 4,38,620 equity shares

*this image is generated using AI for illustrative purposes only.

Neo Infracon Limited promoter Darshik D. Mehta acquired 4,200 equity shares on September 1, 2026, through open market transactions. The acquisition was disclosed to the Bombay Stock Exchange on September 2, 2026.

The purchase raises Mr. Mehta’s total stake in the company from 8.18% to 8.27% of the total voting capital. The transaction adds 4,200 shares to his existing holding of 4,34,420 shares, bringing his total share count to 4,38,620.

Transaction Details

The acquisition falls under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure confirms that no warrants, convertible securities, or other instruments entitling the acquirer to receive shares were involved in the transaction.

Metric	Before Acquisition	After Acquisition
Shares held	4,34,420	4,38,620
Voting capital %	8.18%	8.27%
Encumbered shares	Nil	Nil

Mr. Mehta holds no encumbered shares, pledges, or liens on the newly acquired or existing equity. The company’s total equity share capital remains unchanged at 53,06,800 equity shares following the transaction.

What the Numbers Show

The acquisition represents a modest increase in promoter ownership, with the stake rising by just 0.09 percentage points. With no change in the company’s total diluted share capital, the move reflects a direct accumulation of existing float rather than any capital restructuring or rights issue activity.

Historical Stock Returns for Neo Infracon