The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Sachin Modi
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sachin Govindlal Modi, who is not part of the promoter or promoter group, has disclosed the acquisition of 10,084 equity shares (0.03%) of Narmada Macplast Drip Irrigation Systems Ltd in the open market on 13 November 2025. This purchase increased his holding from 2,685,091 shares (7.41%) to 2,695,175 shares (7.44%) of the company. The filing has been made under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011, which is triggered because the acquisition caused a change in his voting rights and shareholding.
This is a small open-market purchase by a non-promoter individual, lifting his stake slightly from 7.41% to 7.44%. The move brings him closer to the 10% substantial acquisition threshold, which means further purchases may attract additional SAST disclosure requirements. The size of the purchase (0.03%) is negligible and is unlikely to materially affect the stock price.