Latest news about Neo Infracon
Neo Infracon
43.19
+0.69(+1.62%)
Company Performance:
View Company Insights1D+1.62%
1M+4.15%
6M+20.34%
1Y+1.67%
5Y0.00%
More news about Neo Infracon
02Sept 26
Neo Infracon consolidated net profit rises 14% to ₹89.72 crore in FY26
Consolidated net profit rose 14% YoY to ₹89.72 crore in FY26. Consolidated revenue fell 22% to ₹799.64 crore amid lower sales. Standalone net profit surged 77% to ₹42.63 crore. 43rd AGM scheduled for September 22, 2026 via video conference. New statutory auditors appointed following resignation of prior firm.
01Sept 26
Neo Infracon promoter Darshik Mehta acquires 500 shares in open market
Promoter Darshik D. Mehta bought 500 shares of Neo Infracon Ltd. Stake increased from 8.17% to 8.18% of total voting capital. Transaction occurred via open market on August 31, 2026. Total equity share capital remains at 53,06,800 shares.
31Aug 26
Neo Infracon promoter Darshik Mehta acquires 1,100 shares in open market
Darshik D. Mehta acquired 1,100 Neo Infracon shares via open market on August 28, 2026. Promoter's stake increased from 8.15% to 8.17% of total voting capital. Total shareholding rose to 4,33,920 shares with no encumbrances. Disclosure filed with BSE under SEBI SAST Regulations Regulation 29(2).
31Aug 26
Neo Infracon promoter Darshik D. Mehta buys 4,800 shares in open market
Darshik D. Mehta acquired **4,800** Neo Infracon shares on August 27, 2026. Transaction executed via open market, increasing stake by **0.09%**. Total holding rose to **4,32,820** shares, representing **8.15%** stake. No encumbrances or pledges reported on the acquired shares. Filing made under SEBI SAST Regulation 29(2) on August 29, 2026.
27Aug 26
Neo Infracon promoter Darshik Mehta buys 3,720 shares in open market
Darshik D. Mehta acquired 3,720 Neo Infracon shares on August 26, 2026. Promoter's stake increased from 7.99% to 8.07% of total voting capital. Transaction executed in the open market with no encumbrances reported. Total equity share capital remains at 53,06,800 shares.
25Aug 26
Neo Infracon promoter group buys 4,956 shares in open market
Promoter group member Darshik D. Mehta acquired 4,956 shares via open market. Stake increased from 7.90% to 7.99% of total share capital. Total holding stands at 4,24,300 shares as on August 24, 2026. No shares are encumbered or pledged.
22Aug 26
Neo Infracon board to appoint statutory auditor, fix AGM date
Board meeting scheduled for August 29, 2026, to address key governance matters. D. Satyaprakash & Co., LLP proposed as new statutory auditor following predecessor's resignation over fee disputes. Agenda includes finalizing internal auditors, approving director's report, and setting 43rd AGM logistics.
21Aug 26
Neo Infracon promoter Darshik D. Mehta acquires 3,228 shares in open market
Promoter Darshik D. Mehta acquired 3,228 shares in Neo Infracon on August 20, 2026. Total stake increased from 7.81% to 7.87% of voting capital. Transaction executed via open market purchase. No shares are encumbered or pledged. Disclosure made under SEBI SAST Regulations Regulation 29(2).
20Aug 26
Neo Infracon promoter Darshik Mehta buys 2,297 shares in open market
Promoter Darshik D. Mehta increased his stake in Neo Infracon Limited by acquiring 2,297 shares in the open market on August 19, 2026. His total holding now stands at 4,14,241 shares, or 7.81% of the company's voting capital. The disclosure was filed with the BSE on August 20, 2026, under SEBI's takeover regulations.
07Aug 26
Neo Infracon loses statutory auditor D. Kothary & Co. over fee dispute
Neo Infracon Limited announced the resignation of its statutory auditor, M/s. D. Kothary & Co., effective August 6, 2026, due to a disagreement over audit fees. The auditor cited increased resource requirements for listed company audits as the reason for seeking higher remuneration, which management did not accept. Despite the resignation, the firm confirmed it had issued the limited review report for the quarter ended June 30, 2026, ensuring compliance with SEBI regulations. Neo Infracon must now appoint a new statutory auditor in accordance with the Companies Act, 2013.
05Aug 26
Neo Infracon reports Q1FY27 standalone profit of ₹11.78 lakh amid consolidated loss
Neo Infracon Limited posted a standalone net profit of ₹11.78 lakh for Q1FY27, while consolidated results reflected a net loss of ₹22.81 lakh due to group financing charges and a sharp decline in operational revenue.
13Jun 26
Neo Infracon appoints Honey Deepak Jain and Darshik Dilip Mehta as directors
Neo Infracon Limited announced the appointment of Ms. Honey Deepak Jain as a Non-Executive Independent Director and Mr. Darshik Dilip Mehta as a Non-Executive Non-Independent Director. Shareholders approved both appointments via postal ballot with 99.99% of votes in favour. Ms. Jain's term extends to March 2031.
21May 26
Neo Infracon FY26 Net Profit Rises to ₹89.72 Lakh
Neo Infracon Limited announced its audited standalone and consolidated financial results for the fourth quarter and fiscal year ended March 31, 2026. The company reported a consolidated net profit of ₹89.72 lakh for FY26, an increase from ₹78.71 lakh in the prior year, while revenue from operations stood at ₹799.64 lakh. On a standalone basis, net profit for the year rose to ₹42.63 lakh from ₹24.10 lakh in FY25.
12May 26
Neo Infracon Limited Schedules Board Meeting on May 20, 2026 to Approve Q4 and Full Year FY26 Financial Results
Neo Infracon Limited has scheduled a Board of Directors meeting on May 20, 2026, at 4:00 p.m. at its Mumbai registered office to consider and approve standalone and consolidated audited financial results for Q4 and the year ended March 31, 2026. The company has also disclosed that the trading window for its securities remains closed from March 30, 2026, to May 22, 2026, both days inclusive, in line with its earlier intimation. The disclosure was submitted to BSE Limited by Company Secretary and Compliance Officer CS Sonal Kanabar on May 12, 2026.
11May 26
Neo Infracon Limited Initiates Postal Ballot for Appointment of Two Directors via Remote E-Voting
Neo Infracon Limited has initiated a postal ballot for shareholder approval of two director appointments: Ms. Honey Deepak Jain (DIN: 11631227) as Non-Executive Independent Director for a five-year term from March 27, 2026 to March 26, 2031, and Mr. Darshik Dilip Mehta (DIN: 10414185) as Non-Executive Non-Independent Director effective March 27, 2026. Remote e-voting is open from 10:00 a.m. on May 12, 2026 to 5:00 p.m. on June 12, 2026, with the cut-off date set at May 8, 2026. Results are to be declared on or before June 13, 2026, and will be communicated to the stock exchange and hosted on the company's website.
01Apr 26
Neo Infracon Promoter Group Member Darshik D. Mehta Increases Shareholding to 7.11%
Neo Infracon Limited received a regulatory disclosure from promoter group member Darshik D. Mehta regarding his acquisition of 7,500 additional shares through open market transactions. The purchase increased his shareholding from 3,69,550 shares (6.96%) to 3,77,050 shares (7.11%) of the company's total voting capital, with the disclosure filed under SEBI regulations.
28Mar 26
Neo Infracon Limited Board Meeting Outcome: Director Resignations and New Appointments
Neo Infracon Limited completed significant board restructuring on March 27, 2026, accepting resignations from Mr. Rajen Bachubhai Mehta and Ms. Varisha Ramesh Kanungo as Independent Directors, while appointing Ms. Honey Deepak Jain as Independent Director and Mr. Darshik Dilipkumar Mehta as Non-Independent Director. The company also reconstituted all board committees with proper regulatory compliance under SEBI LODR Regulations.
25Mar 26
Neo Infracon Promoter Darshik D. Mehta Increases Stake to 6.89%
Neo Infracon Limited promoter group member Darshik D. Mehta has increased his stake in the company by acquiring 2,173 equity shares through open market transactions. The acquisition, completed on March 24, 2026, raised his shareholding from 6.85% to 6.89%, representing 0.04% of the company's total voting capital.
18Mar 26
Neo Infracon Promoter Bhavik Mehta Continues Share Acquisition, Maintains 6.08% Stake
Neo Infracon Limited promoter group member Bhavik N. Mehta continues his share acquisition activities with the purchase of 109 equity shares on March 17, 2026, through open market transactions. This latest acquisition increases his total shareholding from 3,22,845 to 3,22,954 shares while maintaining his percentage holding at 6.08% of the company's total equity capital of 53,06,800 shares.
07Mar 26
Neo Infracon Promoter Group Member Bhavik N. Mehta Increases Shareholding to 6.00%
Neo Infracon Limited received a regulatory disclosure from promoter group member Bhavik N. Mehta regarding his acquisition of 1,499 equity shares through open market transactions on March 6, 2026. This purchase increased his shareholding from 5.98% to 6.00%, representing 0.02% of the company's total share capital of 53,06,800 shares.
02Mar 26
Neo Infracon Promoter Group Member Increases Shareholding to 6.76%
Neo Infracon's promoter group member Darshik D. Mehta has further increased his stake in the company by acquiring 399 shares through open market transactions on February 27, 2026. This acquisition raised his total shareholding from 3,58,360 shares (6.75%) to 3,58,579 shares (6.76%), demonstrating continued investment confidence in the infrastructure company.
13Feb 26
Neo Infracon Promoter Group Member Darshik D. Mehta Acquires Additional Shares
Darshik D. Mehta, a promoter group member of Neo Infracon Limited, acquired 1,256 equity shares through open market purchase on February 12, 2026. This transaction increased his shareholding from 3,50,159 shares (6.59%) to 3,51,415 shares (6.62%) of the company's total equity capital of 53,06,800 shares. The acquisition was disclosed in compliance with SEBI regulations and filed with BSE Limited where the company is listed.
26Dec 25
Neo Infracon Promoter Darshik D. Mehta Increases Shareholding to 6.53%
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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