MTAR Technologies has announced that promoter Mrs. Saranya Loka Reddy has pledged 1,00,000 equity shares with HDFC Bank Limited. The pledge was created on December 29, 2025, and disclosed to the stock exchanges on January 1, 2026, in compliance with regulatory requirements under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Pledge Transaction Details

The pledged shares serve as security for a loan availed by Northeast Broking Services Limited. The transaction details are summarized below:

Promoter Shareholding Position

Mrs. Saranya Loka Reddy's shareholding and encumbrance position shows her total holding and the impact of this latest pledge:

Regulatory Compliance

The disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary and Compliance Officer Naina Singh submitted the required documentation to both NSE and BSE on January 1, 2026.

The pledge arrangement involves Northeast Broking Services Limited, which is listed as a Person Acting in Concert (PAC) along with other promoter group entities including P. Kalpana Reddy, Leelavathi Parvatha Reddy, P. Srinivas Reddy, and Rohith Loka Reddy.

Corporate Structure Impact

Following this pledge creation, Mrs. Saranya Loka Reddy's total encumbered shareholding has increased to 1.63% of MTAR Technologies' total share capital. The pledged shares will remain with HDFC Bank Limited as security until the underlying loan obligations of Northeast Broking Services Limited are fulfilled.

MTAR Technologies has announced a significant milestone in its civil nuclear power business segment with the securing of additional orders worth ₹310.00 crores. This development strengthens the company's position in India's expanding nuclear power infrastructure sector and provides substantial revenue visibility for the coming years.

Order Details and Client Information

The newly secured orders are specifically related to the Kaiga 5 & 6 reactors project, awarded by Megha Engineering Infrastructures Limited. With these additional orders, MTAR Technologies' total order book for the Kaiga 5 & 6 reactors has reached ₹504.00 crores, including an earlier order worth ₹194.00 crores received in the current month.

Regulatory Disclosure and Compliance

The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2018. The orders involve various equipment for Kaiga 5 and Kaiga 6 civil nuclear reactors, with staggered deliveries scheduled until February 2030. MTAR Technologies confirmed that this is a domestic order from a new customer in the civil nuclear power sector.

Strategic Significance and Management Commentary

These orders reinforce MTAR Technologies' capabilities in the civil nuclear power sector, demonstrating the company's technical expertise and reliability in delivering critical components for nuclear power infrastructure. Parvat Srinivas Reddy, Managing Director of MTAR, expressed optimism about strong growth in this segment, backed by a robust order book and favorable industry outlook.

The substantial order value of ₹504.00 crores for the Kaiga project alone highlights MTAR Technologies' growing presence in the nuclear power industry and its ability to secure long-term, high-value contracts in specialized engineering sectors.