Neo Infracon Promoter Darshik D. Mehta Increases Shareholding to 6.53%

1 min read     Updated on 10 Dec 2025, 09:29 PM
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Overview

Neo Infracon promoter Darshik D. Mehta has completed his ninth consecutive open market acquisition, purchasing 1,032 equity shares on December 24, 2025, which increased his shareholding to 6.53% from 6.51%. The transaction was disclosed to BSE Limited on December 26, 2025, in compliance with SEBI regulations, reflecting ongoing promoter confidence in the construction sector company.

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Neo Infracon promoter Darshik D. Mehta has continued his series of open market acquisitions, further increasing his stake in the company through another transaction completed on December 24, 2025, according to a regulatory disclosure filed with BSE Limited on December 26, 2025.

Latest Transaction Details

The most recent acquisition involved the purchase of 1,032 equity shares through open market transactions completed on December 24, 2025. This represents the ninth consecutive acquisition by the promoter, following his previous purchases including 548 shares on December 23, 2025, 2,200 shares on December 22, 2025, 1,531 shares on December 19, 2025, 2,000 shares on December 18, 2025, 1,500 shares on December 9, 2025, 1,200 shares on December 10, 2025, 627 shares on December 11, 2025, and 360 shares on December 12, 2025.

Parameter: Latest Transaction
Shares Acquired: 1,032 equity shares
Transaction Date: December 24, 2025
Mode of Acquisition: Open Market
Disclosure Date: December 26, 2025

Updated Shareholding Pattern

The latest transaction has resulted in Mehta's shareholding increasing to 6.53% from 6.51%. His voting rights remain aligned with his equity shareholding, with no encumbrances reported on the acquired shares.

Shareholding Details: Before Latest Acquisition After Latest Acquisition
Number of Shares: 3,45,300 3,46,332
Percentage Holding: 6.51% 6.53%
Voting Rights: 6.51% 6.53%

Company Capital Structure

Neo Infracon Limited maintains a total equity share capital of 53,06,800 shares, which also represents the company's total voting capital and diluted share capital. The promoter's recent acquisitions represent strategic additions to his existing substantial holding in the construction sector company.

Regulatory Compliance

The disclosure was made in accordance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that no warrants, convertible securities, or other instruments that could entitle the acquirer to receive additional voting rights were involved in this transaction.

These consecutive open market acquisitions reflect strong promoter confidence and demonstrate ongoing commitment to the company's growth trajectory in the construction sector.

Historical Stock Returns for Neo Infracon

1 Day5 Days1 Month6 Months1 Year5 Years
+5.60%+11.21%+12.54%+40.46%+37.52%+212.70%
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