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 individual, has disclosed an open-market purchase of 2,82,962 equity shares (0.78%) of Narmada Macplast Drip Irrigation Systems Ltd on 20 October 2025. This takes his holding from 17,98,114 shares (4.96%) to 20,81,076 shares (5.74%) of the company. The acquisition has pushed his stake past the 5% disclosure threshold, which is why the SAST Regulation 29(2) filing has been made. The total equity share capital of the company remains 3,62,30,000 shares.
A non-promoter investor has crossed the 5% ownership mark in the company, which may draw market attention to potential further accumulation or strategic interest. This is a routine SAST threshold-crossing disclosure and does not indicate any promoter-level change in control.