Announced Fri, 27 Mar · 18:55 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
+3.6%1-day move
₹16.50
prior close
₹15.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+3.2+5.2+3.2+1.9+3.6+6.4+10.4+9.9+21.2+25.3+40.9+36.3+23.0+47.5
Up moveDown movePending
AI summary

Sachin Govindlal Modi, who is not part of the promoter or promoter group, has sold his entire holding of 913,831 shares (2.52%) in Narmada Macplast Drip Irrigation Systems Ltd through the open market on 27/03/2026. Before the sale, he held 913,831 shares (2.52%), and after the transaction his holding stands at Nil. The company has a total equity share capital of 3,62,30,000 shares. The disclosure was filed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as the transaction resulted in a change in his holding and voting rights.

Likely market impact

A small non-promoter completely exiting their stake is mildly negative but unlikely to materially move the stock, given the modest 2.52% size. Retail investors should note this is not promoter selling and the float impact is limited.