Promoter Sachin Govindlal Modi Increases Stake in Narmada Macplast Drip Irrigation Systems

0 min read Updated on 05 Nov 2025, 06:24 AM

Reviewed by

Ashish ThakurScanX News Team

Overview

Sachin Govindlal Modi, a promoter of Narmada Macplast Drip Irrigation Systems Ltd, has increased his stake in the company. On November 4, 2025, Modi acquired 30,000 shares through open market transactions. This increased his shareholding from 2,386,379 shares (6.58%) to 2,416,379 shares (6.67%), representing a 0.09 percentage point increase. The company's total equity share capital remains unchanged at 36,230,000 shares.

*this image is generated using AI for illustrative purposes only.

Narmada Macplast Drip Irrigation Systems Ltd, a BSE-listed irrigation systems company, has reported a change in its promoter shareholding. Sachin Govindlal Modi, a member of the promoter/promoter group, has increased his stake in the company through open market transactions.

Key Details of the Transaction

Aspect	Details
Promoter Name	Sachin Govindlal Modi
Transaction Date	November 4, 2025
Shares Acquired	30,000
Acquisition Method	Open market transactions

Impact on Shareholding

Metric	Before Transaction	After Transaction
Number of Shares	2,386,379	2,416,379
Percentage Stake	6.58%	6.67%

The transaction has resulted in a modest increase in Modi's shareholding, with his stake in the company rising by 0.09 percentage points.

Company Overview

Narmada Macplast Drip Irrigation Systems Ltd specializes in irrigation systems. The company's total equity share capital stands at 36,230,000 shares, remaining unchanged after this transaction.

This shareholding increase by a promoter may be viewed as a sign of confidence in the company's prospects. However, investors should conduct their own research and consider multiple factors before making investment decisions.

Read Next Article

Promoter Sachin Govindlal Modi Boosts Stake in Narmada Macplast Drip Irrigation Systems

1 min read Updated on 03 Nov 2025, 04:43 PM

Reviewed by

Jubin VergheseScanX News Team

Add as a preferred
source on Google

Overview

Sachin Govindlal Modi, a promoter of Narmada Macplast Drip Irrigation Systems Ltd, has increased his stake in the company from 6.19% to 6.58%. He acquired 142,318 shares through open market transactions, bringing his total shareholding to 2,386,379 shares out of the company's 36,230,000 equity shares. The transaction was disclosed to the Bombay Stock Exchange in compliance with SEBI regulations.

*this image is generated using AI for illustrative purposes only.

Narmada Macplast Drip Irrigation Systems Ltd, a player in the irrigation systems sector, has seen a change in its shareholding pattern. Sachin Govindlal Modi, a promoter of the company, has increased his stake through open market transactions.

Key Details of the Stake Increase

Aspect	Details
Promoter Name	Sachin Govindlal Modi
Shares Acquired	142,318
Acquisition Method	Open market transactions
Previous Shareholding	6.19%
New Shareholding	6.58%
Total Shares Held	2,386,379
Company's Total Equity Shares	36,230,000

Regulatory Compliance

The acquisition was disclosed to the Bombay Stock Exchange (BSE) in compliance with the Securities and Exchange Board of India (SEBI) regulations concerning substantial acquisition of shares.

Implications

This increase in stake by a promoter may be seen as a sign of confidence in the company's prospects. However, it's important to note that this move doesn't necessarily indicate any immediate changes in the company's operations or strategy.

Investors and market watchers may want to monitor any further developments or disclosures from Narmada Macplast Drip Irrigation Systems Ltd, as changes in promoter shareholding can sometimes precede company announcements or shifts in business direction.