Neo Infracon Promoter Bhavik Mehta Continues Share Acquisition, Maintains 6.08% Stake

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 16, 2026.

Latest Transaction Details

The most recent acquisition involved 84 equity shares purchased through open market transactions on March 16, 2026. This represents 0.002% of the company's total share capital, demonstrating Mehta's ongoing commitment to increasing his position in the company.

Transaction Parameter: Details Shares Acquired: 84 Acquisition Method: Open Market Transaction Date: March 16, 2026 Percentage of Total Capital: 0.002%

Updated Shareholding Position

Following this latest transaction, Bhavik N. Mehta's total shareholding in Neo Infracon Limited has increased from 3,22,768 shares to 3,22,845 shares, while maintaining his percentage holding at 6.08%. This follows a series of recent acquisitions throughout March 2026 that have progressively increased his absolute shareholding.

Shareholding Details: Before Latest Acquisition After Latest Acquisition Change Number of Shares: 3,22,768 3,22,845 +84 Percentage Holding: 6.08% 6.08% No change Voting Rights: 6.08% 6.08% No change

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, including previous purchases of 270 shares on March 13 and other transactions that have collectively strengthened his position in the company.

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 17, 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.

Transaction Parameter: Details Shares Acquired: 1,499 Acquisition Date: March 6, 2026 Mode of Acquisition: Open Market Percentage of Total Capital: 0.02%

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:

Shareholding Details: Before Acquisition After Acquisition Change Number of Shares: 3,17,394 3,18,893 +1,499 Percentage Holding: 5.98% 6.00% +0.02% Voting Rights: 5.98% 6.00% +0.02%

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.

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