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Narmada Macplast Drip Irrigation Systems LtdImportant, 04-09-2025: Company Update

04-09-2025 | 09:55 pm

Narmada Macplast Drip Irrigation Systems Ltd. will hold its 33rd Annual General Meeting. Shareholders will consider a 1:5 stock split, transforming each Rs. 10 face value share into five Rs. 2 face value shares, aiming to boost liquidity and affordability for retail investors. Separately, a 1:1 bonus share issue is proposed, distributing one new Rs. 10 face value share for every existing Rs. 10 share. The company also seeks to raise its authorized share capital from Rs. 5 Crore to Rs. 10 Crore. Other agenda items include re-appointing a director, appointing statutory auditors (fees Rs. 0.05 Cr), and secretarial auditors (fees Rs. 0.003 Cr), and updating company charter documents.

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