Announced Tue, 24 Mar · 17:53 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

Price

Loading chart…

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

Price reaction · full curve 14 horizons · vs prior close
+2.3%1-day move
₹16.13
prior close
₹16.99
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-4.6-3.5-3.6-4.3+2.3-4.2+6.0+8.8+12.9+24.0+46.9+42.0+29.8+50.8
Up moveDown movePending
AI summary

Sachin Govindlal Modi, a non-promoter individual shareholder of Narmada Macplast Drip Irrigation Systems Ltd, has sold 3,50,000 shares (0.97% of the company's equity) through the open market on 24/03/2026. His holding reduced from 16,63,892 shares (4.59%) to 13,13,892 shares (3.62%) of the company. The total equity share capital of the company remains unchanged at 3,62,30,000 shares. The disclosure was filed with BSE as required under SEBI's substantial acquisition and takeover regulations.

Likely market impact

This is a non-promoter offloading a small stake via open market, so it has limited direct impact on the stock. Retail investors should note the seller is not part of the promoter group, meaning promoter control and ownership remain unaffected.