Sachin Govindlal Modi has increased his stake in Narmada Macplast Drip Irrigation Systems Ltd through open market transactions on October 20, 2025. This move has resulted in a change in the company's shareholding pattern.

Stake Increase Details

Modi acquired 282,962 shares, increasing his total shareholding from 1,798,114 shares to 2,081,076 shares. This transaction raised his stake in the company from 4.96% to 5.74% of the total equity capital.

Company Overview

Narmada Macplast Drip Irrigation Systems Ltd has a total equity capital comprising 36,230,000 shares. The company's shares are listed on the Bombay Stock Exchange.

Key Points

• The transaction occurred through open market purchases.
• Sachin Govindlal Modi is not part of the promoter group of the company.
• The increase in stake crosses the 5% threshold, which may trigger regulatory disclosure requirements.

This development could be of interest to existing shareholders and potential investors as it represents a change in the ownership structure of Narmada Macplast Drip Irrigation Systems Ltd.

Narmada Macplast Drip Irrigation System Limited has announced a revision to the record date for its upcoming stock split and bonus share issue. The company's board of directors has set the new record date as Friday, October 10, 2025, for both corporate actions.

Stock Split Details

The company plans to implement a 1:5 stock split, subject to shareholder approval at the Annual General Meeting (AGM) scheduled for September 30, 2025. Under this split:

• Each existing equity share with a face value of Rs. 10.00 will be subdivided into 5 shares
• The resulting shares will have a face value of Rs. 2.00 each

Bonus Share Issue

Following the stock split, Narmada Macplast Drip Irrigation System Limited intends to issue bonus shares in a 1:1 ratio. This means:

• Shareholders will receive one new fully paid-up bonus equity share
• For every one existing share held after the subdivision
• The bonus shares will have a face value of Rs. 1.00 each

Key Dates and Approvals

Both the stock split and bonus issue are subject to shareholder approval at the AGM.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The revised record date comes after a communication received from BSE Limited, where the company's shares are listed under the script code 517431.

Investors and shareholders of Narmada Macplast Drip Irrigation System Limited should take note of these important dates and the upcoming corporate actions.