Mamata Machinery Limited saw its promoter group holding decline to 60.09% following a disposal of equity shares by Mamata Group Corporate Services LLP on September 28, 2026. The transaction involved the sale of 579,654 shares, representing approximately 2.36% of the company's total equity share capital.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mamata Group Corporate Services LLP acted as the seller, while other entities within the promoter and promoter group, including Mahendra N. Patel and Mamata Management Services LLP, did not transact in the securities during this period.

Transaction Details and Shareholding Shift

The disposal was executed through an open market transaction. Prior to this sale, the combined holding of the acquirer and Persons Acting in Concert (PAC) stood at 62.45%. Following the reduction, the aggregate shareholding dropped by 2.36 percentage points. The total number of equity shares outstanding remained unchanged at 24,607,800 shares of ₹10 each.

What the Numbers Show

A key observation from the disclosure is that the entire reduction in promoter stake was isolated to Mamata Group Corporate Services LLP. While the LLP’s individual holding fell from 18.02% to 15.66%, the remaining five PAC entities maintained their exact previous holdings. This indicates that the dilution was driven solely by one entity within the promoter group, leaving the broader family and associated corporate holdings stable at 44.43% of the total capital.

Mamata Machinery has been granted a patent by the Indian Patent Office for technology used in its Quadra 600 machine. The grant, issued on August 21, 2026, covers the production of 4-up BOPP bags.

The company disclosed the development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mamata stated that the grant strengthens the intellectual property protecting its converting machines.

Strengthening IP Portfolio

Mamata added that the new patent contributes to a portfolio reflecting its focus on product innovation. The company operates as a global provider of flexible packaging machinery solutions.

With over 35 years of industry experience, Mamata reports more than 5,400 machine installations across 80 countries. Its product range spans co-extrusion to converting and advanced packaging machinery.