MTAR Technologies promoter sells 20,000 shares, reduces holding

1 min read     Updated on 18 Jun 2026, 02:57 PM
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Shriram SScanX News Team
AI Summary

MTAR Technologies promoter Kavitha Reddy Gangapatnam sold 20,000 equity shares on June 16, 2026, reducing her total holding to 2,00,000 shares or 0.65% of the paid-up capital. The transaction was conducted via the open market and disclosed to the exchanges under SEBI regulations.

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MTAR Technologies promoter Kavitha Reddy Gangapatnam reduced her stake in the company by selling 20,000 equity shares through the open market. The transaction, executed on June 16, 2026, lowered her shareholding to 2,00,000 equity shares. This sale represents a reduction of 0.07% of the company's total paid-up equity capital.

The disclosure was submitted to the stock exchanges on June 17, 2026, in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Prior to the sale, Gangapatnam held 2,20,000 shares, which accounted for 0.72% of the company's voting rights. The shares were sold on the National Stock Exchange of India Limited and BSE Limited, where MTAR Technologies is listed.

Shareholding Details

The filing outlines the specific changes in the promoter's holding structure. The total equity share capital of MTAR Technologies remains at Rs. 30,75,95,910, divided into 3,07,59,591 fully paid-up equity shares of Rs. 10 each. There were no changes to the encumbered shares or warrants held by the promoter.

Description Number of Shares % of Total Share Capital
Holding Before Sale
Shares carrying voting rights 2,20,000 0.72
Transaction Details
Shares sold 20,000 0.07
Holding After Sale
Shares carrying voting rights 2,00,000 0.65

The Persons Acting in Concert (PAC) with the seller include Venkata Suprathik Reddy Gangapatnam, Usha Reddy Chigarapalli, D Anitha Reddy, and P Jayaprakash Reddy. The mode of acquisition was confirmed as an open market transaction.

Historical Stock Returns for MTAR Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.83%+32.80%+17.78%+263.16%+394.68%+748.82%

Does this stake sale indicate a trend of further promoter divestment in the near future?

How might the market interpret this reduction in promoter holding regarding the company's future valuation?

Could the proceeds from this sale be redirected toward new investments or diversification by the promoter?

MTAR Technologies hosts analyst meet and plant visit on Jun 23

1 min read     Updated on 18 Jun 2026, 04:30 AM
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MTAR Technologies will host an in-person analyst and institutional investor meeting along with a plant visit on June 23, 2026, in Hyderabad from 9:00 a.m. to 10:30 a.m. The meeting is conducted pursuant to Regulation 30(6) of the SEBI (LODR) Regulations, 2015. Priyanka Agarwal, Company Secretary and Compliance Officer, signed the intimation on June 17, 2026.

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MTAR Technologies will host an in-person analyst and institutional investor meeting along with a plant visit on June 23, 2026, in Hyderabad. The session is scheduled from 9:00 a.m. to 10:30 a.m. This engagement provides investors with direct access to the company's management and operations.

The meeting is being conducted pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to both BSE Limited and NSE Limited to inform the exchanges about the scheduled interaction.

Meeting Details

The company has outlined the specific logistics for the upcoming interaction in the following table:

S.no. Particulars Details
1. Date of Meeting Tuesday, 23 June, 2026
2. Mode of Meeting In-Person meeting & Plant Visit
3. Type of Meeting Group Meeting & Plant Visit
4. Venue of Meeting Hyderabad
5. Time of Meeting and visit 9:00 a.m. to 10:30 a.m.

Priyanka Agarwal, the Company Secretary and Compliance Officer for MTAR Technologies Limited, signed the intimation regarding the schedule on June 17, 2026.

Historical Stock Returns for MTAR Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.83%+32.80%+17.78%+263.16%+394.68%+748.82%

What strategic insights or updates is MTAR Technologies likely to share during the plant visit?

How might this engagement influence investor sentiment and stock performance in the short term?

Could this meeting signal upcoming partnerships, contracts, or expansion plans for the company?

More News on MTAR Technologies

1 Year Returns:+394.68%