MTAR Technologies has disclosed a significant inter-se transfer of equity shares between its promoters, executed through an off-market transaction. The transfer involved 2,97,000 equity shares and 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 way of gift to Mrs. Leelavathi Parvatha Reddy, a promoter of MTAR Technologies Limited, who received shares from two family members who are also promoters of the company. The transaction was conducted as an off-market inter-se transfer by way of gift.

Shareholding Changes

The transaction resulted in a significant increase in Mrs. Leelavathi Parvatha Reddy's shareholding in the company. Her holding increased from 10,21,712 shares to 13,18,712 shares, representing a change from 3.32% to 4.29% of the total share capital.

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. Mrs. Leelavathi Parvatha Reddy's persons acting in concert include P Kalpana Reddy, Saranya Loka 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.

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.

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.

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.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Both the National Stock Exchange of India Limited and BSE Limited were formally notified of the transaction. The persons acting in concert with P. Srinivas Reddy include:

• P Kalpana Reddy
• Leelavathi Parvatha Reddy
• Saranya Loka Reddy
• Northeast Broking Services Limited

Company Information

MTAR Technologies Limited is listed on both BSE Limited and National Stock Exchange of India Limited. The company is headquartered at 18, TIE, Balanagar, Hyderabad – 500037, Telangana. The inter-se transfer represents a family arrangement between promoters, with the shares being transferred as a gift from son to mother within the promoter group.