Neo Infracon Limited has received another regulatory disclosure from promoter group member Bhavik N. Mehta regarding his continued share acquisition activities. The latest disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details his most recent open market purchase on March 17, 2026.

Latest Transaction Details

The most recent acquisition involved 109 equity shares purchased through open market transactions on March 17, 2026. This represents 0.002% of the company's total share capital, demonstrating Mehta's ongoing commitment to increasing his position in the company.

Updated Shareholding Position

Following this latest transaction, Bhavik N. Mehta's total shareholding in Neo Infracon Limited has increased from 3,22,845 shares to 3,22,954 shares, while maintaining his percentage holding at 6.08%. This continues his systematic approach to strengthening his position in the company through regular market purchases.

Recent Acquisition Pattern

This latest purchase continues Mehta's systematic approach to increasing his stake in Neo Infracon Limited. The promoter group member has made multiple acquisitions in March 2026, demonstrating consistent confidence in the company's prospects through regular open market transactions.

Company Information

Neo Infracon Limited maintains its total equity share capital of 53,06,800 shares, with shares listed on BSE Limited. The company's share capital remains unchanged following this transaction, and the promoter group member has confirmed that no shares are currently encumbered through pledges, liens, or non-disposal undertakings.

Regulatory Compliance

The disclosure was submitted to BSE Limited on March 18, 2026, in full compliance with SEBI regulations governing substantial acquisition of shares and takeovers. Bhavik N. Mehta, based in Mumbai at Akashdeep Building, continues to fulfill all regulatory requirements for promoter group transactions, ensuring transparency in his ongoing investment activities.

Neo Infracon Limited has received a regulatory disclosure from promoter group member Bhavik N. Mehta regarding his recent share acquisition. The disclosure, filed on March 7, 2026, with BSE Limited, provides details of share purchases made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

The acquisition involved a purchase of equity shares through open market transactions. Mehta acquired 1,499 shares carrying voting rights on March 6, 2026, representing 0.02% of the company's total share capital.

Shareholding Pattern Changes

The transaction resulted in an increase in Mehta's overall stake in the company. His shareholding pattern before and after the acquisition shows the following changes:

Company Capital Structure

Neo Infracon Limited's equity share capital remained unchanged following this transaction. The company maintains a total equity share capital of 53,06,800 shares, with no dilution occurring as a result of this promoter group acquisition.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mehta, identified as a promoter group member, filed the necessary documentation with BSE Limited's Department of Corporate Services from his registered address at Akashdeep Building, Mumbai. The company's shares are listed on BSE Limited, and the acquisition did not involve any encumbrances, warrants, or convertible securities.