The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Modi
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Awaiting price reaction for this filing.
Sachin Govindlal Modi, a non-promoter individual shareholder, has acquired 17,500 equity shares (0.05%) of Narmada Macplast Drip Irrigation Systems Ltd through open market purchase on 29 October 2025. His holding has increased from 21,34,076 shares (5.89%) to 21,51,576 shares (5.94%) of the company. The disclosure is filed under Regulation 29(2) of SEBI Takeover Regulations as a creeping acquisition report by a non-promoter holding between 5% and 10%. The company's total equity share capital remains at 3,62,30,000 shares.
This is a minor incremental purchase by an existing non-promoter shareholder and is unlikely to materially affect the stock price. It does signal continued confidence from this shareholder in the company, but the small size means limited market impact.