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.

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.

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.

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.

MTAR Technologies Limited has disclosed an inter-se transfer of equity shares between its promoters, with Managing Director P. Srinivas Reddy transferring 2,00,000 shares to his mother through a gift transaction. The disclosure was made under SEBI regulations governing substantial acquisition and transfer of shares on February 24, 2026.

Transaction Details

The inter-se transfer was executed on February 23, 2026, through an off-market transaction by way of gift in favor of Mrs. Leelavathi Parvatha Reddy, who is also a promoter of the company and mother of P. Srinivas Reddy. The transaction involved 2,00,000 equity shares, representing 0.65% of the company's total share capital.

Regulatory Filing and Documentation

The formal disclosure was submitted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary and Compliance Officer Priyanka Agarwal submitted the required documentation to both stock exchanges on February 24, 2026. P. Srinivas Reddy personally signed the disclosure forms, confirming the gift transfer to his mother.

Shareholding Structure

Following the transaction, P. Srinivas Reddy's shareholding in MTAR Technologies has been reduced from 13,92,903 shares to 11,92,903 shares. His percentage holding decreased from 4.53% to 3.88% of the company's total voting capital. The company's equity share capital remains unchanged at Rs. 30,75,95,910 divided into 3,07,59,591 fully paid-up equity shares of Rs. 10 each.

Persons Acting in Concert

The regulatory filing identifies the persons acting in concert with P. Srinivas Reddy, including P Kalpana Reddy, Leelavathi Parvatha Reddy, Saranya Loka Reddy, and Northeast Broking Services Limited. The company is listed on both BSE Limited and National Stock Exchange of India Limited, with its headquarters located at 18, TIE, Balanagar, Hyderabad – 500037, Telangana.