Announced Fri, 19 Dec · 12:13 IST

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

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sachin Govindlal Modi, a non-promoter individual, has disclosed an open-market acquisition of 51,455 equity shares (0.14%) of Narmada Macplast Drip Irrigation Systems Ltd on 18 December 2025. His voting holding in the company rose from 2,762,229 shares (7.62%) to 2,813,684 shares (7.76%). The total equity share capital of the company remains unchanged at 3,62,30,000 shares. The disclosure was filed under SEBI's takeover regulations for persons holding 5% or more in a listed company. This is a routine regulatory disclosure and not a promoter-level transaction.

Likely market impact

This is a small, non-promoter purchase with no material impact on the stock price or company control. Shareholders should note that no promoter-level buying is involved, and the acquirer's stake remains well below the 10% disclosure threshold.