Neo Infracon Promoter Group Member Bhavik N. Mehta Increases Shareholding to 5.95%

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 4, 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 modest purchase of equity shares through open market transactions. Mehta acquired 970 shares carrying voting rights on March 2, 2026, representing 0.01% of the company's total share capital. Transaction Parameter: Details Shares Acquired: 970 Acquisition Date: March 2, 2026 Mode of Acquisition: Open Market Percentage of Total Capital: 0.01% Shareholding Pattern Changes The transaction resulted in a marginal 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: 3,14,924 3,15,894 +970 Percentage Holding: 5.93% 5.95% +0.02% Voting Rights: 5.93% 5.95% +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. The company's shares are listed on BSE Limited, and the acquisition did not involve any encumbrances, warrants, or convertible securities. Neo Infracon Limited has received another disclosure from promoter group member Darshik D. Mehta regarding his continued share acquisition in the company. The latest disclosure, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details his most recent increase in shareholding through open market transactions. Latest Share Acquisition Details On February 27, 2026, Mehta acquired an additional 399 equity shares carrying voting rights through open market transactions. This latest acquisition represents 0.008% of the company's total share capital, demonstrating his continued investment in the infrastructure company. Transaction Details: Value Shares Acquired: 399 Acquisition Method: Open Market Transaction Date: February 27, 2026 Percentage of Total Capital: 0.008% Updated Shareholding Pattern Following this latest acquisition, Mehta's overall shareholding in Neo Infracon Limited has increased from his previous position. His total holding has moved from 3,58,360 shares to 3,58,579 shares, representing his ongoing commitment to the company. Shareholding Summary: Before Latest Acquisition After Latest Acquisition Change Number of Shares: 3,58,360 3,58,579 +399 Percentage Holding: 6.75% 6.76% +0.008% Voting Rights: 6.75% 6.76% +0.008% 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 continued 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. The formal disclosure was submitted to BSE Limited on February 28, 2026. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.