News Orders & Deals MTAR Technologies Promoter Leelavathi Parvatha Reddy Receives 2.97 Lakh Shares Through Inter-se TransferMTAR Technologies Promoter Leelavathi Parvatha Reddy Receives 2.97 Lakh Shares Through Inter-se Transfer
MTAR Technologies Limited disclosed an inter-se transfer where promoter Leelavathi Parvatha Reddy received 2,97,000 equity shares as gifts from family members P. Srinivas Reddy (2,00,000 shares) and Saranya Loka Reddy (97,000 shares). The off-market transaction completed on February 23, 2026, increased her shareholding from 3.32% to 4.29%. The company's total equity capital of Rs. 30,75,95,910 comprising 3,07,59,591 shares remains unchanged, with the disclosure made under SEBI regulations on February 24, 2026.
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MTAR Technologies Limited has announced an inter-se transfer of equity shares involving promoter group members, as disclosed under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction represents a significant internal restructuring of shareholding within the promoter family.
Share Transfer Details
Leelavathi Parvatha Reddy, a promoter of MTAR Technologies Limited, received 2,97,000 equity shares through an inter-se transfer by way of gift in an off-market transaction. The shares were transferred from two family members who are also promoters of the company.
| Transfer Details: | Shares Transferred |
|---|---|
| From P. Srinivas Reddy (Managing Director): | 2,00,000 equity shares |
| From Saranya Loka Reddy: | 97,000 equity shares |
| Total Shares Received: | 2,97,000 equity shares |
| Transaction Date: | February 23, 2026 |
| Mode of Transfer: | Off-market (Inter-se transfer by way of gift) |
Shareholding Changes
The inter-se transfer has resulted in changes to Leelavathi Parvatha Reddy's shareholding pattern in the company. Her voting rights and percentage holding have increased following the completion of this transaction.
| Shareholding Position: | Before Transfer | After Transfer | Change |
|---|---|---|---|
| Number of Shares: | 10,21,712 | 13,18,712 | +2,97,000 |
| Percentage Holding: | 3.32% | 4.29% | +0.97% |
| Voting Rights: | 3.32% | 4.29% | +0.97% |
Company Share Capital Structure
The company's overall equity share capital structure remains unchanged following this internal transfer. The total authorized and paid-up share capital continues to be distributed among the same number of equity shares.
| Capital Structure: | Details |
|---|---|
| Total Equity Share Capital: | Rs. 30,75,95,910 |
| Number of Equity Shares: | 3,07,59,591 |
| Face Value per Share: | Rs. 10 |
| Share Status: | Fully paid-up |
Regulatory Compliance
The disclosure was made in compliance with 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 NSE and BSE on February 24, 2026.
The persons acting in concert with the acquirer include P Kalpana Reddy, Saranya Loka Reddy, P. Srinivas Reddy, and Northeast Broking Services Limited. This inter-se transfer represents a family arrangement within the promoter group and does not involve any external parties or change in the overall promoter group shareholding in MTAR Technologies Limited.
Historical Stock Returns for MTAR Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.90% | +1.29% | +56.62% | +147.25% | +172.57% | +247.27% |
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