BSENarmada Macplast Drip Irrigation Systems Ltd· Industrial ProductsHighNeutral
Announced Fri, 20 Mar, 2026 · 18:39 IST

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

Price

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

Price reactionminutes from the announcement price · days from the prior close
-5.0%Reaction day
₹16.48
prior close
₹16.10
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-4.6%-0.4% vs market
Plastic Products - Industrial peers, median of 40sector-3.5%-1.5% vs sector

On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 1.5 pts less than its Plastic Products - Industrial peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+4.0
10m
-3.7
15m
-3.7
30m
-3.7
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
-5.0-4.6-0.4-3.5-1.5
Next day
-2.1-1.9-0.2-2.3+0.2
2d
+0.4+0.5-0.1-2.0+2.3
3d
+0.1-2.4+2.5-6.0+6.2
4d
-6.3-5.2-1.1-9.2+3.0
5d
+3.8-0.8+4.6-3.2+7.0
1w
+10.5+0.9+9.6-1.2+11.7
15d
+41.9+13.0+29.0+6.4+35.5
1m
+41.1+14.7+26.4+7.3+33.8
2m
+27.0+18.6+8.4+7.4+19.6
3m
+49.6+26.1+23.4+9.2+40.4
UpDownMarket · Nifty Microcap 250Sector · Plastic Products - Industrial peers, median of 40Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Sachin Govindlal Modi, a non-promoter shareholder, has filed a disclosure under SEBI's Takeover Regulations regarding the sale of 500,000 equity shares (1.38%) of Narmada Macplast Drip Irrigation Systems Ltd in the open market on 20 March 2026. His holding has reduced from 2,838,892 shares (7.83%) to 2,338,892 shares (6.45%) of the company's share capital. The transaction was executed on the Bombay Stock Exchange where the company is listed. The total equity share capital of the company remains 36,230,000 shares.

Likely market impact

This is a routine open-market sale by a non-promoter shareholder crossing the 1% disclosure threshold. The reduction in holding from 7.83% to 6.45% may create mild near-term selling pressure on the stock, but since Sachin Modi is not a promoter, it has no direct implication on the company's management or control.