MTAR Technologies Promoter Madhavi Mitta Reduces Stake Through Open Market Sale

1 min read     Updated on 24 Feb 2026, 05:07 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

MTAR Technologies promoter Madhavi Mitta disposed of 18,000 equity shares through open market transactions, reducing her shareholding from 4.55% to 4.50%. The transaction was disclosed under SEBI regulations with proper compliance documentation submitted to stock exchanges.

33478667

*this image is generated using AI for illustrative purposes only.

MTAR Technologies promoter Madhavi Mitta has disclosed the sale of equity shares through open market transactions, as per regulatory filing under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction represents a minor reduction in the promoter's shareholding in the defense and space technology company.

Share Disposal Details

Madhavi Mitta sold 18,000 equity shares through open market transactions conducted between February 20-24, 2026. The disposal represents 0.06% of the company's total share capital and voting rights.

Transaction Parameter: Details
Shares Sold: 18,000
Transaction Mode: Open Market
Transaction Period: February 20-24, 2026
Percentage of Total Capital: 0.06%

Shareholding Changes

The share disposal resulted in a reduction of Madhavi Mitta's stake in MTAR Technologies. Her shareholding decreased from 4.55% to 4.50% of the company's total share capital.

Shareholding Position: Before Disposal After Disposal Change
Number of Shares: 14,00,983 13,82,983 -18,000
Percentage Holding: 4.55% 4.50% -0.06%
Voting Rights: 4.55% 4.50% -0.06%

Company Capital Structure

MTAR Technologies' equity share capital remained unchanged following the transaction. The company maintains its capital structure with no impact on the total number of outstanding shares.

Capital Structure: Details
Total Equity Capital: Rs. 30,75,95,910
Total Number of Shares: 3,07,59,591
Face Value per Share: Rs. 10
Share Type: Fully paid-up equity shares

Regulatory Compliance

The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Madhavi Mitta submitted the required forms to both BSE Limited and National Stock Exchange of India Limited, where MTAR Technologies shares are listed. The company secretary Priyanka Agarwal facilitated the regulatory filing process on February 24, 2026.

The promoter group includes several persons acting in concert: Anushman Reddy, K Shalini, K Vamshidhar Reddy, A Manogna, A Praval Reddy, and A Pranay Reddy. The transaction involved only Madhavi Mitta's individual shareholding and did not affect the holdings of other promoter group members.

Historical Stock Returns for MTAR Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.90%+1.29%+56.62%+147.25%+172.57%+247.27%

MTAR Technologies Promoter Transfers 97,000 Equity Shares in Inter-se Gift Transaction

1 min read     Updated on 24 Feb 2026, 12:52 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

MTAR Technologies announced an inter-se transfer of 97,000 equity shares between promoters, with Saranya Loka Reddy gifting shares to her mother Mrs. Leelavathi Parvatha Reddy on February 23, 2026. The off-market transaction reduced Saranya's shareholding from 1.95% to 1.63% while maintaining full SEBI regulatory compliance.

33463337

*this image is generated using AI for illustrative purposes only.

MTAR Technologies has disclosed an inter-se transfer of 97,000 equity shares between its promoters, executed through an off-market transaction by way of gift. The transfer was completed on February 23, 2026, in compliance with SEBI regulations governing substantial acquisition of shares and takeovers.

Transaction Details

The share transfer was executed by Saranya Loka Reddy, a promoter of MTAR Technologies Limited, who gifted shares to her mother Mrs. Leelavathi Parvatha Reddy, also a promoter of the company. The transaction was conducted as an off-market inter-se transfer by way of gift between family members.

Transaction Parameter: Details
Total Shares Transferred: 97,000 equity shares
Transferor: Saranya Loka Reddy
Recipient: Mrs. Leelavathi Parvatha Reddy
Transfer Method: Off-market (Inter-se transfer by way of gift)
Transaction Date: February 23, 2026
Relationship: Daughter to Mother

Shareholding Changes for Saranya Loka Reddy

The transaction resulted in a decrease in Saranya Loka Reddy's shareholding in the company. Her holding decreased from 5,99,666 shares to 5,02,666 shares, representing a change from 1.95% to 1.63% of the total share capital.

Shareholding Details: Before Transfer After Transfer Change
Number of Shares: 5,99,666 5,02,666 -97,000
Percentage Holding: 1.95% 1.63% -0.32%
Voting Rights: 1.95% 1.63% -0.32%

Company Share Capital Structure

The company's total equity share capital remains unchanged following this inter-se transfer. MTAR Technologies Limited maintains its share capital structure of Rs. 30,75,95,910 divided into 3,07,59,591 fully paid-up equity shares of Rs. 10 each.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has informed both the National Stock Exchange of India Limited and BSE Limited about this transaction. Saranya Loka Reddy's persons acting in concert include P Kalpana Reddy, Leelavathi Parvatha Reddy, P. Srinivas Reddy, and Northeast Broking Services Limited.

The shares of MTAR Technologies Limited are listed on both BSE Limited and the National Stock Exchange of India Limited. This inter-se transfer represents a routine promoter group transaction that consolidates shares within the same promoter family while ensuring full regulatory compliance and transparency.

Historical Stock Returns for MTAR Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+0.90%+1.29%+56.62%+147.25%+172.57%+247.27%

More News on MTAR Technologies

1 Year Returns:+172.57%