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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.5 pts less than Nifty Microcap 250 and 2.9 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.
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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.
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.