Neo Infracon Promoter Group Member Acquires Additional Shares, Increases Stake to 6.78%

Darshik D. Mehta, a promoter group member of Neo Infracon Limited , has acquired additional equity shares in the company through open market transactions, as disclosed in a regulatory filing dated March 20, 2026.

Transaction Details

The acquisition involved the purchase of 1,100 equity shares, representing 0.02% of the company's total voting capital. The transaction was completed on March 19, 2026, through open market operations.

Parameter: Details Shares Acquired: 1,100 Acquisition Method: Open Market Transaction Date: March 19, 2026 Percentage of Total Capital: 0.02%

Shareholding Pattern Changes

Following the acquisition, Mehta's shareholding in Neo Infracon Limited has increased marginally. The transaction reflects a strategic addition to his existing stake in the company.

Shareholding Details: Before Acquisition After Acquisition Change Number of Shares: 3,58,759 3,59,859 +1,100 Percentage Holding: 6.76% 6.78% +0.02% Total Voting Rights: 6.76% 6.78% +0.02%

Company Share Capital

Neo Infracon Limited's equity share capital remained unchanged at 53,06,800 equity shares following this transaction. The company's shares are listed on BSE Limited, where the open market acquisition took place.

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 Mehta belongs to the promoter group of the company and provides comprehensive details of his shareholding pattern before and after the acquisition. No encumbrances, warrants, or convertible securities were involved in this transaction.

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 17, 2026.

Latest Transaction Details

The most recent acquisition involved 109 equity shares purchased through open market transactions on March 17, 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: 109 Acquisition Method: Open Market Transaction Date: March 17, 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 3,22,845 shares to 3,22,954 shares, while maintaining his percentage holding at 6.08%. This continues his systematic approach to strengthening his position in the company through regular market purchases.

Shareholding Details: Before Latest Acquisition After Latest Acquisition Change Number of Shares: 3,22,845 3,22,954 +109 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, demonstrating consistent confidence in the company's prospects through regular open market transactions.

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 18, 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.

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