Neo Infracon Promoter Group Member Increases Shareholding to 6.64%
Darshik D. Mehta, a promoter group member of Neo Infracon Limited, acquired 1,039 equity shares through open market transactions on February 20, 2026. This acquisition increased his shareholding from 3,51,415 shares (6.62%) to 3,52,454 shares (6.64%), representing a 0.02% increase in his stake. The disclosure was made in compliance with SEBI regulations, and the company's total equity share capital remains at 53,06,800 shares listed on BSE Limited.
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Neo Infracon Limited has received a disclosure from promoter group member Darshik D. Mehta regarding his recent share acquisition in the company. The disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details a modest increase in his shareholding through open market transactions.
Share Acquisition Details
On February 20, 2026, Mehta acquired 1,039 equity shares carrying voting rights through open market transactions. This acquisition represents 0.02% of the company's total share capital.
| Transaction Details: | Value |
|---|---|
| Shares Acquired: | 1,039 |
| Acquisition Method: | Open Market |
| Transaction Date: | February 20, 2026 |
| Percentage of Total Capital: | 0.02% |
Shareholding Pattern Changes
The acquisition has resulted in a marginal increase in Mehta's overall shareholding in Neo Infracon Limited. His total holding has moved from 3,51,415 shares to 3,52,454 shares.
| Shareholding Summary: | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Number of Shares: | 3,51,415 | 3,52,454 | +1,039 |
| Percentage Holding: | 6.62% | 6.64% | +0.02% |
| Voting Rights: | 6.62% | 6.64% | +0.02% |
Company Capital Structure
Neo Infracon Limited's equity share capital remains unchanged following this transaction. The company maintains its total equity share capital at 53,06,800 shares, with its shares listed on BSE Limited.
Regulatory Compliance
The disclosure demonstrates compliance with SEBI regulations governing substantial acquisition of shares. Mehta, being part of the promoter group, is required to disclose such transactions as per regulatory requirements. The filing confirms that the acquirer holds no encumbrances, warrants, convertible securities, or other instruments that would entitle him to additional voting rights in the company.
Historical Stock Returns for Neo Infracon
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.49% | +6.79% | +14.61% | +6.85% | +67.50% | +173.81% |
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