Neo Infracon Promoter Bhavik Mehta Increases Stake to 6.08% Through Market Purchase

Neo Infracon Limited has received a regulatory disclosure from promoter group member Bhavik N. Mehta regarding his latest share acquisition in the company. The disclosure, filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details his continued increase in shareholding through open market purchases.

Latest Transaction Details

The most recent acquisition involved 270 equity shares purchased through open market transactions on March 13, 2026. This represents 0.005% of the company's total share capital.

Transaction Parameter: Details Shares Acquired: 270 Acquisition Method: Open Market Transaction Date: March 13, 2026 Percentage of Total Capital: 0.005%

Updated Shareholding Position

Following this latest transaction, Bhavik N. Mehta's total shareholding in Neo Infracon Limited has increased from 6.07% to 6.08%. This follows a series of recent acquisitions that have progressively increased his stake in the company.

Shareholding Details: Before Latest Acquisition After Latest Acquisition Change Number of Shares: 3,22,491 3,22,768 +270 Percentage Holding: 6.07% 6.08% +0.01% Voting Rights: 6.07% 6.08% +0.01%

Company Information

Neo Infracon Limited's shares are listed on BSE Limited, with the company maintaining a total equity share capital of 53,06,800 shares. The promoter group member 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 14, 2026, in compliance with SEBI regulations governing substantial acquisition of shares and takeovers. Bhavik N. Mehta, based in Mumbai at Akashdeep Building, filed the necessary documentation as required under the regulatory framework for promoter group transactions.

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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