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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Sachin Govindlal Modi, a non-promoter individual, has filed a disclosure under SEBI's takeover regulations for acquiring 30,000 equity shares of Narmada Macplast Drip Irrigation Systems Ltd through the open market on November 4, 2025. This purchase raised his holding in the company from 23,86,379 shares (6.58%) to 24,16,379 shares (6.67%) of the total equity share capital. The company's total share capital stands at 36,23,000 equity shares. The disclosure was made on the Bombay Stock Exchange where the company is listed.
This is a small, incremental open-market purchase by a non-promoter shareholder, increasing his stake by just 0.09%. The move is unlikely to have any meaningful impact on the stock price or shareholding pattern of the company.