Announced Wed, 10 Dec · 17:04 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Govindlal Modi

Creeping Acquisition Near ThresholdOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sachin Govindlal Modi, a non-promoter individual, filed a SEBI SAST Regulation 29(2) disclosure with BSE for Narmada Macplast Drip Irrigation Systems Ltd (Scrip 517431). He acquired 27,713 shares (0.07% of equity) through open-market purchases on 10 December 2025. His holding rose from 27,34,516 shares (7.55%) to 27,62,229 shares (7.62%). The target company's total equity/voting capital is 3,62,30,000 shares. The disclosure was filed because the acquisition altered his existing holding above the 5% disclosure threshold.

Likely market impact

This is a small, incremental purchase by an individual non-promoter shareholder. It does not signal any corporate action and is unlikely to materially affect the stock price, though it shows continued accumulation by an existing significant holder approaching the 10% disclosure mark.