Mr. Girish Baldha, Independent Director of the Company has submitted his resignation.

In a board meeting on 27 February 2026, Narmada Macplast Drip Irrigation Systems approved several key items. Mr. Girish Baldha resigned as Independent Director, and Mr. Bhavin Patel (a Company Secretary with 12+ years in corporate governance) was appointed in his place. The board also approved a Rights Issue of equity shares of Rs. 2 face value, aggregating up to Rs. 50 Crores, to be offered to existing shareholders on a record date yet to be set. The company has 3,62,30,000 equity shares outstanding pre-issue, and authorized capital will be increased to Rs. 22 crore (11 crore shares of Rs. 2 each), subject to shareholder approval. Additionally, the company proposes to alter its object clause to enter trading of edible oil seeds, food grains/pulses, and spices — moving beyond its core drip irrigation business. The registered office is also proposed to be shifted within Gujarat.