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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Sachin Govindlal Modi, a non-promoter individual, acquired 5,000 equity shares (0.02%) of Narmada Macplast Drip Irrigation Systems Ltd through open market purchase on December 2, 2025. His holding rose from 27,29,516 shares (7.53%) to 27,34,516 shares (7.55%) of the company. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations, which applies to acquirers crossing or changing holdings above 5%. The total equity share capital of the company stands at 3,62,30,000 shares.
This is a small incremental purchase by a non-promoter shareholder and is unlikely to materially impact the stock price. It does, however, signal continued accumulation by this investor, who is gradually building toward the 10% substantial shareholder threshold.