Narmada Macplast Drip Irrigation Systems Ltd

Narmada Macplast Announces Board Updates & ₹50 Cr Rights Issue 💼📈

• Appointment of Mr. Bhavin Patel as Independent Director, effective 27 February 2026; he has over 12 years of experience in corporate governance and secretarial compliance.

• Resignation of Mr. Girish Laxmanbhai Baldha as Independent Director.

• Approval for a Rights Issue of equity shares to raise up to Rs. 50.00 Crores, with shares priced at Rs. [•] each (face value Rs. 2.00).

• Proposal to shift the registered office outside the city limits but within the same state.

• Proposal to alter the company's object clause to include trading in edible oil seeds, food grains, pulses, spices, and condiments.

• Approval to increase authorized share capital to Rs. 22.00 Crores (11,00,00,000 equity shares of Rs. 2.00 each).