Acquisitions23 Mar 2026, 05:32 pm
Sachin Modi Acquires 6.45% Stake in Narmada Macplast Drip Irrigation Systems Ltd via Open Market
AI Summary
Sachin Modi has disclosed the acquisition of 6.45% shares in Narmada Macplast Drip Irrigation Systems Ltd under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition was made via the open market on 23rd March 2026. The total shares acquired by Modi amount to 2338892, which is 6.45% of the total share capital and voting rights of the company. This acquisition increases Modi's holding from 4.59% to 11.04%.
Key Highlights
- Sachin Modi acquires 6.45% stake in Narmada Macplast Drip Irrigation Systems Ltd
- The acquisition was made via the open market
- The total shares acquired by Modi amount to 2338892
- This acquisition increases Modi's holding from 4.59% to 11.04%
- The acquisition was disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011