The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Govindlal Modi
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Sachin Govindlal Modi, a non-promoter acquirer, purchased 1,19,262 equity shares (0.33%) of Narmada Macplast Drip Irrigation Systems Ltd on 6 November 2025 through the open market. His holding rose from 24,16,379 shares (6.67%) to 25,35,641 shares (7.00%) of the company. The total share/voting capital of the company stood at 3,62,30,000 shares. The disclosure was filed to the BSE as required under Regulation 29(2) of the SEBI Substantial Acquisition of Shares & Takeovers Regulations, 2011.
A non-promoter investor is gradually increasing his stake through open market buys, inching closer to the 10% threshold that could trigger additional disclosure and open offer obligations. Retail investors should watch for further accumulations, as continued buying may signal confidence in the company or potential strategic interest.