Solidarity Advisors Private Limited has increased its stake in Mamata Machinery Limited from 5.01% to 7.03%, acquiring 4,96,667 equity shares through open market transactions. The investment manager, acting on behalf of an Alternative Investment Fund (AIF), filed a disclosure under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, with the National Stock Exchange of India Limited and BSE Limited on July 31, 2026. This accumulation signals sustained institutional interest in the Ahmedabad-based machinery manufacturer, whose total voting capital remains unchanged at 2,46,07,800 equity shares with a face value of ₹10 each.

The acquisition was executed over several months, primarily through open market purchases. Solidarity Advisors, along with its persons acting in concert (PAC), held 12,32,108 shares prior to this specific disclosure period. Following the purchase of 4,96,667 additional shares, its total holding stands at 17,28,775 shares. There were no encumbrances, pledges, or convertible securities involved in these transactions. The firm is not part of the promoter group of Mamata Machinery Limited.

Transaction Details

The share purchases occurred between February 19, 2026, and July 30, 2026. The following table highlights key transaction dates and volumes:

While the majority of transactions were acquisitions, there were minor sell-offs on specific dates, including April 20, 2026 (-29,633 shares) and July 7, 2026 (-13,295 shares). However, the net result over the period was a significant addition to the portfolio.

What the Numbers Show

The steady accumulation of shares by Solidarity Advisors suggests confidence in Mamata Machinery’s long-term prospects. The move from a 5.01% holding to 7.03% represents a substantial increase in exposure, moving the entity closer to the 10% threshold that often triggers further regulatory disclosures or strategic considerations. With no change in the company’s total share capital, this increase in stake directly dilutes the relative ownership of other shareholders, highlighting a shift in institutional positioning. The absence of pledged shares indicates that these holdings are likely intended for long-term investment rather than short-term leverage.

Mamata Machinery Limited has scheduled its 47th Annual General Meeting for Monday, August 10, 2026, at 11:00 a.m. via video conferencing. The meeting will transact ordinary business, including the adoption of financial statements for the financial year ended March 31, 2026, and the declaration of a final dividend. The Board of Directors has recommended a dividend of ₹0.50 per equity share of face value ₹10 each for FY26, representing 5% of the face value. This payout is subject to shareholder approval at the AGM and is expected to result in a cash outflow of approximately ₹1.23 crore.

The company has fixed Friday, July 31, 2026, as the record date to determine shareholder eligibility for the dividend and for voting entitlement. If approved, the dividend will be paid on or before Wednesday, September 09, 2026. The notice of the meeting and the annual report have been sent electronically to members and are available on the company’s website. The meeting proceedings will be conducted in accordance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Key Meeting Details