Narmada Macplast Drip Irrigation Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/02/2026 ,inter alia, to consider and approve Issue ....
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Narmada Macplast Drip Irrigation Systems Ltd has informed BSE that its Board of Directors will meet on Friday, 27th February 2026 at 4:00 PM in Ahmedabad. The key item on the agenda is to consider and approve the issue of equity shares of the company on a rights basis. The company is a small-cap listed firm (BSE code 517431) based in Gujarat, operating in the drip irrigation systems space. Additionally, the trading window for insiders has been closed from 20th February 2026 until 48 hours after the board meeting concludes, which is standard practice before a price-sensitive announcement.
A rights issue means existing shareholders will get the opportunity to buy additional shares in proportion to their current holdings, which could lead to share dilution if not fully subscribed. The stock may see some volatility around the meeting date as details of the rights issue (issue price, ratio, size) are awaited.