Narmada Macplast Drip Irrigation Systems Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/10/2025 ,inter alia, to consider and approve To ....
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Narmada Macplast Drip Irrigation Systems has informed BSE that its Board of Directors will meet on Friday, 31st October 2025, at the registered office in Gandhinagar. The main item on the agenda is to consider and approve acquiring a 51% equity stake in GSK Industries Private Limited, a company that manufactures, assembles, and trades valves, cocks, and related components for industrial and commercial use. The intimation was filed on 27th October 2025 under SEBI Listing Regulations (Regulation 29) and signed by Managing Director Vrajlal Vaghasia. Any other matter may also be taken up with the Chair's permission. No financial details of the deal have been disclosed yet.
If the acquisition is approved, the company would diversify beyond drip irrigation into valve manufacturing, potentially adding a new revenue stream. Shareholders should await the post-meeting outcome on 31st October for deal terms and valuation, which could influence the stock price.